Top 10 Leading Consultancy Firms In India
Did you know that India has a very powerful workforce and an amazing economy? I am inquisitive, how will this be helpful to you and your business?
Indeed! In India consulting firms provide a wide variety of services to businesses like yours, which assist in the solving of complex problems, process improvement and business development.
This blog post takes a deeper look at 10 Best Consulting Companies in India, their online presence, client reviews and reputation.
Based on the statistical data, it is evident that consulting industry in India had a robust growth with 30% compound annual growth rate (CAGR) over the last five years as per the report by Confederation of Indian Industry (CII). This rise is also due to the increasing requirement of specific expertise in fields like strategy, digital transformation and operational efficiency.
Let’s consider one scenario where an Indian consulting firm can make a huge difference: picture yourself being an international company trying to enter into the Indian market.
With a vast pool of skilled professionals and profound knowledge of local business environment, consulting firms in India can supply you with such strategic guidance as well as innovative solutions to help you enter into the Indian market and do well there.
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McKinsey & Company
Based in New York, McKinsey & Company is one of the top management consulting firms globally, with a strong foothold in India. They render services in strategy, operations, technology and marketing among others to help clients better their overall performance and create a lasting impact.
McKinsey was involved in several major projects including “Make in India” campaign which aimed to boost manufacturing in India and the introduction of Goods and Services Tax (GST), a landmark tax reform in the country.
The current CEO of McKinsey & Company is Kevin Sneader.
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The Boston Consulting Group (BCG)
The Boston Consulting Group (BCG) is another well-established consulting firm that has been serving clients in India for many years. BCG has its headquarters in Boston, Massachusetts and specializes on strategy, marketing and digital transformations among other things.
The company has worked on notable projects such as the “Digital India” initiative which sought to make India digitally empowered society as well as smart city development of BCG . It is noted for its innovative approach and data-driven insights.
The current CEO of BCG is Rich Lesser.
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Bain & Company
Bain & Company is a global management consulting firm with strong presence in India .Headquartered at Boston, Massachusetts they focus on areas such as strategy, organization, and performance improvement.
Bain worked on well-known projects like the restructuring of Air India- national carrier of India –and expansion strategy for leading Indian conglomerate .Bain is famous for its analytical rigor and client-centric approach.
The current CEO of Bain & Company is Manny Maceda.
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Deloitte
Deloitte is one of the “Big Four” consulting firms and has a major presence in India. Based in London, Deloitte provides a broad spectrum of services including audit, tax, consulting and financial advisory.
They have undertaken work on such notable projects as implementation of Unique Identification Authority of India (UIDAI) leading to creation of Aadhaar system and development of National Skill Development Corporation (NSDC). Deloitte is recognized for its industry knowledge and integrated solutions.
The global CEO of Deloitte is Punit Renjen.
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KPMG
KPMG is another member of the “Big Four” and enjoys great reputation in the consulting industry. With its headquarters in Amstelveen, Netherlands, they provide services in areas such as risk management, technology consulting, and financial advisory.
KPMG has worked on significant projects such as the restructuring of Kingfisher Airlines, a major Indian airline, and the implementation of the Companies Act, a corporate law in India. KPMG is known for its expertise in governance and risk management.
The current CEO of KPMG International is William B. Thomas.
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PricewaterhouseCoopers (PwC)
PricewaterhouseCoopers (PwC) is an international network of professional services with strong consulting practice in India. Headquartered in London, PwC offers services in strategy consulting, digital transformation and risk management among others.
They have worked on celebrated projects like implementation of Goods and Services Tax (GST), a comprehensive tax reform in India, digital transformation for leading Indian bank etc., PwC’s strength lies in industry insights & innovative solutions that they offer.
The current global CEO for PwC is Bob Moritz.
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A.T. Kearney
A.T. Kearney is a global management consultancy firm that has been operating in India for many years now. Based out of Chicago Illinois , they are experts who work on areas like operations procurement & supply chain management..
A.T. Kearney has worked on such a large project as the restructuring of Indian Railways, one of the largest railway networks in the world, and also a supply chain strategy for a top Indian e-commerce company. A.T. Kearney is known for its expertise in operations and process optimization.
The current CEO of A.T. Kearney is Alex Liu.
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Accenture
Accenture is a multinational consulting and technology services firm which has an outstanding presence in India. It offers its services in areas such as strategy, digital, and technology consulting with headquarters based in Dublin, Ireland.
Accenture has implemented famous projects such as Aadhaar system, a biometric identification program in India, and digital transformation of a leading Indian telecom company. Accenture is known for its end-to-end solutions and technological expertise.
The current CEO of Accenture is Julie Sweet.
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Ernst & Young (EY)
Ernst & Young (EY) is another member of “Big Four” having strong consulting practice in India. Headquartered in London, EY provides services in areas like risk management, performance improvement, and technology consulting.
They have worked on significant projects like restructuring Jet Airways, a major Indian airline and development of National Investment and Infrastructure Fund (NIIF) in India. EY is famous for their global network and industry insights.
The current CEO of EY Global is Carmine Di Sibio.
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Capgemini
Capgemini is a global consulting and technology services company which has established a strong presence in India. Headquartered in Paris, France, the company provides solutions in the areas of consulting, technology and outsourcing.
Capgemini has been behind several landmark projects including setting up the Goods and Services Tax Network (GSTN), the IT backbone for GST in India and digital transformation of a leading Indian bank. Capgemini is known for its technical prowess as well as its innovative approach.
The CEO of Capgemini is Aiman Ezzat.
Final Thoughts
The two consultancy companies undeniably belong to the top 10. They are masters of knowing all about your business and charging you an arm and leg for their “expertise”.
The consulting industry in India is booming, with these 10 companies at the helm. So if you want some high-quality consulting services (think about getting help from one of them).
And hey, if you are bored reading about the hyped-up world of consulting why not visit Business Era? We offer way more content that relates to you on a practical level so go on over to Business Era for your expertise.
Also Read: Top 10 Fintech Companies In India 2024