n the last few years, the number of consulting firms in India has grown drastically. The question that is gonna come into your mind is what are these consulting firms and what are the activities that are performed by these consulting firms? I’ve answers to all your questions, all you need to do is hold tight and continue reading.
What Are Consulting Firms?
Consulting firms are the firms that handle all the queries of the Businesses that they usually cannot handle on their own. But how do they do that? Consultancy firms hold all the industry-specific professionals that help all these businesses get a solution of the problems that they are facing at some price. There are numerous consulting firms in India because of the size of the market.
How do consulting firms in India operate?
Consulting firms in India basically hire professionals who have specific knowledge about their field and are termed consultants. Consultants receive payment for their expertise and abilities. The term "consultant" refers to someone who utilizes specialized knowledge in their area of expertise to offer guidance and counsel to a company or individual. While the specific duties of a consultant may differ, their fundamental aim is to utilize their skill set to identify solutions and provide suggestions. Consulting services encompass a wide range of tasks, including enhancing specific aspects of a client's business or aiding in their expansion into new and developing markets.
Top 3 Consulting Firms in India
Tata Consultancy Services
At the first position on our list, We have Tata Consultancy Services commonly known as TCS. TCS was first started by J. R. D. Tata in the year 1968. The Headquarters of TCS is in Mumbai, Maharashtra. J.R.D Tata started this company with the aim to service their electronic data processing (EDP) requirements and provide management consulting services. At Present Tata Consultancy Services is one of the Best Consulting Firms in India and they occupy a market cap of 6,46,072 crore.
Bain Company
Next on our list of the top 5 consulting firms in India, we have Bain Company. Bain Company was founded by William W. Bain Jr. Patrick F. Graham in the year 1973. In India, Bain Company is operating since 2006 and the headquarters are in Gurugram, Haryana. In India, Bain Company has worked with more than 125 clients which makes this company the best contender for Best consulting firms in India.
KPMG
KPMG International Limited is a global network of professional services, renowned as one of the four major accounting organizations, which also includes Ernst Young, Deloitte, and PwC. The acronym "KPMG" represents the initials of its founding partners, namely Klynveld, Peat, Marwick, and Goerdeler. The company KPMG was founded in the year 1987 and established in 1993 in India. Their Indian Headquarters are in Noida, Uttar Pradesh. Indeed KPMG is one of the best consulting firms in India.