Financial Daily from THE HINDU group of publications Wednesday, Apr 05, 2006 |
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Corporate
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Human Resources Industry & Economy - Consulting Deloitte to double headcount in India Our Bureau
New Delhi , April 4 Audit and consultancy services firm, Deloitte Touche Tohmatsu today said it would strengthen its Indian operations by doubling the headcount to 12,000. Mr William G. Parrett, CEO of Deloitte Touche Tohmatsu, USA said, "We are working on generating around nine per cent of our global revenues from the country and would increase our headcount to 12,000 by 2010." The firm currently employs around 6,500 people across 13 locations in the country. It hopes to generate 25 per cent of its global revenues from the Asia-Pacific region and around 8-10 per cent from India alone. The firm also plans to set up a "centre of excellence" in Mumbai, which would specialise in M&A deals and transactions in the country. The centre would also train personnel in auditing, consultancy, risk assurance and enhance its presence by bringing more firms under its umbrella for its niche services. "We have invested around $50 million in India in the spheres of training personnel, programmes and technology over the past five years and would continue to invest in various dimensions to meet the local demands and needs," a Deloitte official said.
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