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2 clusters · 9 sources · 3 days · First seen · Last updated
PwC US and PwC India consulting joint venture
Overview
PwC US and PwC India have announced an agreement to form a joint venture aimed at integrating their advisory and consulting capabilities. The venture will merge PwC India’s consulting business with the India-based Acceleration Centers of PwC US to create a platform for strategy, technology, and artificial intelligence services.
The new entity is expected to consist of approximately 40,000 employees. Under the proposed ownership structure, PwC US will hold a 51.1% stake and PwC India will hold 49.9%, though PwC India is expected to maintain operational control. The scope of the venture is limited to consulting and acceleration services; other business lines such as audit, tax, and government advisory will remain separate.
The transaction is projected to finalize in the first half of 2027, pending regulatory approvals including clearance from the Competition Commission of India.
Entities
PwC US · PwC India · Paul Griggs · Competition Commission of India
Timeline
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[BUSINESS] 2 sourcesPwC US and PwC India to form consulting joint venture
PwC US and PwC India will form a joint venture combining India-based consulting and US offshore acceleration centers, creating a 40,000-employee platform slated for completion in early 2027.
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[BUSINESS] 7 sourcesPwC US and PwC India form joint venture for advisory services
PwC US and PwC India are forming a joint venture to integrate their advisory and consulting services into a single platform, focusing on technology, AI, and engineering to serve global clients.
Sources
barandbench.com · bizrapidx.com · businessnewsthisweek.com · consulting.us · doanhnghiephoinhap.vn · furnishing.com · newsable.asianetnews.com · smestreet.in · tradinginsider.fr