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List of 10 Best Consulting Companies in India
A consulting business hires consultants to provide professional advice to companies. These services, based on data-driven analysis, aim to assist and guide a company in achieving its main goals and maximising performance. A business consultant can offer support in strategy development, problem-solving, and planning, among other areas. The scope of work often includes project management solutions and tangible results. Some of the top consulting firms in India are renowned for charging high fees for their services, and they often achieve significant success.
India's consulting industry, valued at approximately USD 150-180 billion, is a significant and rapidly growing sector, boasting a Compound Annual Growth Rate (CAGR) of about 15-20%. This vibrant market comprises over 47,000 firms offering various services, such as IT, strategy, finance, and more.
Major players include global giants like McKinsey and domestic leaders like TCS. Though exact figures for export production value are difficult to confirm, the industry attracts substantial Foreign Direct Investment (FDI) inflows and plays a pivotal role in shaping India's business landscape. With the ongoing growth of the Indian economy, the consulting industry is poised for further expansion.
A consulting firm is a company comprising experts in various fields who assist organisations facing challenges by offering advice, guidance, and practical solutions. These firms are hired to address issues that arise in every organisation.
The best consulting firms in India operate across diverse industries, including finance, healthcare, advertising, engineering, architecture, and technology, among others.
Tata Consultancy Services (TCS), founded in India in April 1968, is a renowned IT services and consulting company known for its wide range of services. Offering strategic consulting, IT solutions, and enterprise services across industries such as banking, manufacturing, and telecom, TCS empowers businesses. With operations in 46 countries and a workforce of over 616,000 employees, TCS utilises its global presence, industry knowledge, and innovation focus to consistently rank among the top IT services firms globally. Through cutting-edge solutions and a collaborative approach, TCS assists its diverse clients in achieving their digital transformation objectives.
Website: www.tcs.com
McKinsey & Company India LLP, founded in 2013, is a well-known management consulting firm ranked among the Top 10 globally. They offer strategic advice to various industries, helping companies optimise salesforce effectiveness and develop innovative business models. Serving leading corporations, governments, and social institutions, McKinsey specialises in strategy & operations, organisational transformation, digital transformation, and sustainability. Their clients come from sectors like banking, healthcare, telecom, and consumer goods. McKinsey's data-driven approach, along with its extensive global network and deep local knowledge, positions it as a trusted advisor. They assist clients in navigating complex challenges and achieving lasting impact.
Website: www.mckinsey.com
Established in 1973, Bain & Company brings over 40 years of experience to clients both locally and internationally. They provide a wide range of services, including strategy, organisation, operations, private equity, and M&A, spanning various industries. Bain serves a diverse clientele, ranging from change-driven CEOs at global multinationals to large Indian corporations and select mid-sized firms, all seeking growth and transformation. With a focus on high-growth sectors like technology, consumer goods, and healthcare, coupled with a results-oriented approach, Bain emerges as a leading consulting firm in India.
Website: www.bain.com
Established in the US in 1963, The Boston Consulting Group (BCG) expanded to India in 1995. With over 500 employees in 7 offices today, BCG India provides a wide range of consulting services in strategy, operations, technology, and digital transformation. Serving leading corporations and private equity firms, they specialise in sectors like consumer goods, healthcare, IT, and industrials. Ranked among the top 10 management consulting firms in India, BCG India utilises its global network and industry expertise to deliver tangible results for its clients.
Website: www.bcg.com
Established in 1995, Deloitte Consulting India is a prominent management consulting firm in India. Providing a wide range of consulting services, including strategy & operations, human capital, risk advisory, and financial advisory, Deloitte assists clients across industries such as technology, financial services, and consumer goods. With an emphasis on data-driven solutions and extensive industry knowledge, Deloitte maintains its position among the top 10 management consulting firms in India. It is known for its dedication to client success and innovative problem-solving approach.
Website: https://www.deloitte.com/in/en.html
Established in 1989, Ernst & Young India is one of the top consulting firms in the country. They provide a wide range of services in assurance, tax, strategy, transactions, and consulting. Catering to established players and emerging ventures across various industries like financial services, energy, technology, and government, Ernst & Young offers solutions in audit, tax compliance, risk management, restructuring, and digital transformation. Their deep local expertise, along with a global presence and focus on innovation, establishes them as a trusted advisor for India's dynamic business environment.
Website: www.ey.com
Established in India in 2000, Accenture India, a subsidiary of the global professional services giant, provides Strategy & Consulting, Interactive, Technology, and Operations services. These services are driven by advanced technology and human creativity. Accenture serves various industries, specialising in Banking, Financial Services, communications, Media & Technology, and Healthcare. From Fortune 500 companies to innovative startups, clients rely on Accenture's expertise in cloud, cybersecurity, data & AI, digital engineering, and sustainability to transform their businesses and stay competitive. With a comprehensive service portfolio and a history of success, Accenture solidifies its position among India's top consulting firms.
Website: www.accenture.com
Founded in India in 1993, KPMG India Private Limited has become a top professional services firm. They provide a wide range of services, including tax, audit, advisory, and risk consulting. Serving both local and multinational companies across various industries, such as infrastructure, technology, and financial services, KPMG is known for its deep expertise in areas like renewable energy, fintech, and blockchain. With a global network and a commitment to quality, they have consistently ranked among the top 5 consulting firms in India. Companies rely on them as trusted partners for strategic guidance, operational efficiency, and sustainable growth.
Website: www.kpmg.com
Established in Chicago in 1926, A.T. Kearney is a global management consulting firm with over 98 years of experience. With more than 25 years of service in India, they offer a wide range of services in strategy, operations, digital transformation, and customer experience. Kearney serves leading corporations, private equity firms, and governments, assisting them in overcoming complex challenges and achieving significant growth in industries such as automotive, consumer goods, and healthcare. Their dedication to client success, along with their profound understanding of the Indian market, solidifies their position as a top player in the country's consulting industry.
Website: www.kearney.com
Established in 1983, PricewaterhouseCoopers Private Limited (PwC India) is a leading professional services firm in India. They offer audit & assurance, consulting, and tax services, covering strategy & operations, risk & compliance, digital transformation, and deals & transactions. Serving clients across industries such as financial services, technology, consumer goods, and healthcare, PwC India is known for its strong global network and deep local expertise. They are trusted advisors for multinational corporations, large Indian businesses, and public sector entities, securing their position among the top 10 consulting firms in India.
Website: www.pwc.com
Top consulting firms in India are almost everywhere, in almost every industry, and they try to solve any problem.
If your organization faces a challenge that is beyond its capabilities, it may be better to hire a top consulting firm.
India is now home to some of the world's greatest IT service providers, digital marketing consulting service providers, and consulting firms.
India's software businesses are renowned worldwide for their effective IT and business-related solutions.
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