PwC’s new India consulting JV signal’s bigger global role for India
- IBEF
- October 7, 2026
PwC is positioning India at the centre of its global consulting strategy by combining its India consulting business with the US firm’s India advisory operations into a joint venture with nearly 40,000 people, creating a single, non-regulated consulting structure in India. The move is aimed at integrating India more closely into PwC’s global consulting network and enabling more global consulting work to be delivered through Indian talent. According to Mr. Paul Griggs, CEO, PwC US, the combined business will bring together technology, artificial intelligence, engineering and consulting capabilities, enabling PwC to serve clients across geographies more seamlessly. The joint venture is also expected to strengthen PwC’s engagement with Global Capability Centres (GCCs) in India and support multinational clients operating through these centres. Mr. Sanjeev Krishan, CEO, PwC India, highlighted the growing demand among Indian clients for PwC’s global capabilities, noting that Indian businesses are increasingly expanding internationally and seeking global expertise. The combined structure is intended to help PwC move beyond execution-oriented work towards more strategic engagements with clients.
The joint venture is structured with PwC India holding 49.9% equity and operating control, while the US firm will remain actively involved in strategic decision-making. The combined non-regulated consulting business is estimated to be worth nearly Rs. 17,674 crore (US$ 2 billion) on day one, according to Mr. Sanjeev Krishan, CEO, PwC India, creating greater investment capacity for artificial intelligence, technology and employee upskilling. The integration is also expected to increase the amount of global consulting activity delivered through India across strategy and transformation, technology, cloud, engineering, data and analytics, risk, governance and cybersecurity. PwC expects the model to support market expansion rather than function primarily as a cost-reduction exercise. The company also sees significant opportunities in the GCC segment and expects stronger collaboration between Indian and US teams to improve client delivery. The joint venture will require customary regulatory approvals, including approval from the Competition Commission of India, before becoming operational. The development highlights India’s expanding role as a global consulting and technology talent hub, supported by its large pool of skilled professionals and growing capabilities in artificial intelligence and advanced digital services.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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