KPMG recently completed 15 years in India and has claimed a growth of 45 per cent year-on-year. The company has embarked on a more sectoral-focused markets based organisation structure as it expects to continue this trend.
Established in India in September 1993, KPMG operates from its offices in Mumbai, Pune, Delhi, Kolkata, Chennai, Bangalore and Hyderabad. It offers its clients a full range of services, including financial and business advisory, tax and regulatory and risk advisory services spanning sectors like financial services, real estate, IT, private equity and infrastructure.
Speaking on the occasion, Russell Parera, CEO, KPMG in India, said, “Since our establishment in India in 1993, our journey has been nothing short of exciting. Starting out with a small team and core guiding principles, our modest beginnings have given way to significant growth – both in terms of size and industry prominence. Today, we work with over 5,000 national and international clients and operate from seven Indian cities. We have over 3,000 people across our service lines and sectors and we are looking at crossing the 5,000-mark by 2010.”
The firm got a major boost with the announcement of its inclusion in the Global Board of Directors for KPMG International. KPMG in India will be one of the 25 members currently on the Board.
Timothy P Flynn, Global Chairman, KPMG International, said, “This Anniversary is a significant milestone for KPMG in India. Around the world, our network of firms and our clients operate in a demanding and constantly-changing environment with rapid globalisation, strong competitors, evolving regulations and an unprecedented focus on our profession. As India becomes an even more important player in the global economy, the role of KPMG in India also becomes more important. Everyday, the 3,200 people of KPMG in India serve a number of India’s largest and most respected companies, invest their time and resources to community initiatives, and continue to make KPMG a great place to build a career.”
Meanwhile, on the occasion of its 15th Anniversary in India, KPMG has launched its corporate alumni programme through an alumni website that will connect all the existing employees to the alumni across the country.
A series of other activities, which include various corporate citizenship initiatives and internal competitions, etc., have been planned across seven cities to commemorate the company’s 15th Anniversary in India.