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Pune, Feb. 9

THE city's IT, ITES and strong manufacturing base has pulled in yet another global player, the $16-billion professional services firm KPMG, which has now opened its offices here to offer audit, tax and advisory services through a 50-member team.

Mr Ian Gomes, Country Managing Director, KPMG India, said, "We have been serving several major corporate clients in Pune, both Indian and multinational, it has been fast emerging as an investment destination especially for IT and ITES companies, and backed by its traditional base of manufacturing, it is fast shedding its tag as a satellite of Mumbai and is emerging as a commercial hub in its own right."

Inaugurating the new office Mr Gomes said, "I believe that the large Indian companies in Pune will become strong international players in the years to come and some of them may even become global companies. The firm's network in India has over the last 12 years, supported Indian companies in achieving their business strategies and assisted them with entry into global markets, access to funding, overseas listing and other risk and advisory services."

KPMG's clients range across financial services, consumer markets, industrial markets, information, communication and entertainment, and infrastructure and Government. It has offices in Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Kolkata and Pune.

(This article was published in the Business Line print edition dated February 10, 2006)
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