KPMG plans to expand its workforce in India and has plans to hire around 9,000 additional employees, many of whom will also get an opportunity to work on overseas projects.
Big 4 KPMG also plans to make India its global service delivery base. Combining the global delivery capabilities in one geographical location is going to be a big task that the new recruits will have to achieve. KPMG already caters to 2,700 clients across the world.
The management consultancy and business advisory firm KPMG will be using the expertise of these new employees to expand its business in India. KPMG is hiring more engineers and executives. The new workforce is expected to implement the strategies instead of just helping the client with advice on implementation.
Traditionally, management consulting and advisory companies like KPMG work with global clients to help them draw a strategy to either cut costs or improve operational efficiency using technology. Such changes are often done either by the client or third-party vendors based on the consulting company’s inputs.
The availability of data, solutions offered by startups has changed the business model of traditional businesses. Today, clients expect consulting and advisory firms to demonstrate the results of their strategies. Global clients are allocating projects to companies like KPMG that also cover the outcome of strategies that they implement.
Consulting and advisory firms like KPMG, Deloitte, and E&Y are increasing their workforce to cater to tech services business, and this may cause jitters among IT services companies like Infosys, TCS, and Wipro.
KPMG, established in 1993 offers services including business advisory, financial, tax and regulatory advisory and risk management services. With this new workforce, KPMG will make India as its global delivery center and as many as 10% of the new employees will be placed at the client locations across the world.