Atleast 10 percent of these recruited employees will be deployed on overseas projects.
KPMG was formed in India on September 1993, and since it is consistently building a significant competitive presence in the country. The company operates from its offices in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Kochi, Kolkata, Mumbai, Noida, Pune and Vadodara, and offers its clients a full range of services, including financial and business advisory, tax and regulatory, and risk advisory services.
One of the big four audit firms, KPMG is witnessing an increased demand from global clients. To cater to this it needs to increase their workforce on India front, the management consulting firm would be hiring around 9,000 people in India and a tenth of them will be deployed on overseas projects.
In India, KPMG has a client base of over 2700 companies. The firm’s global approach to service delivery helps provide value-added services to clients. The firm serves leading information technology companies and has a strong presence in the financial services sector in India while serving a number of market leaders in other industry segments.
Last year, in September, it had announced its hiring plan to build its advisory business, where it was looking to hire executives across levels in the next 12-18 months. Besides that KPMG was also looking for senior executives from the industry and digital experts in strategy and operations functions.
The management consulting firms have received little attention, looked at global companies and helped them draw strategy to either cut costs or improve business, most often using the technology. Consulting firms are expected to deliver results, often pegging their fees to outcomes, said a top executive of KPMG.
Now, as global clients increasingly demand from to implement solutions and demonstrate results for the strategy guidance KPMG gives to them, the consulting firm once again looks to expand its operations.
One of the top executives of KPMG shared that traditionally, consulting and advisory firms have looked at global companies and helped them draw a strategy to either cut costs or improve business, most often using technology. The plan implementation is often done by their client employees or third party vendors based on these strategies. This is changing and the consulting firms are expected to deliver results, often pegging their fees to outcomes
As clients are getting increasingly output oriented, it is essential that there is a strong team to deliver these promises and hence, for KPMG hiring and skilling employees will be the key focus area for now.