Accenture to grow to 50,000 in India

Date: 23-04-2008
Source: Press Trust of India

Global IT consultancy major Accenture today said it expects to increase its India headcount to 50,000 from the present 37,000 within a year. "We are looking at India headcount to be about 50,000 in a year," Accenture Chairman & CEO William D Green told reporters here. Globally, the company plans to make 60,000 gross additions to its workforce by August end.

Asked on the shortage of employable workforce in India, Green said the company was facing no such crisis as it had been consistently investing in training manpower. "We had spent USD 780 million globally to train people and are not facing talent woes...We are a big human capital company and all we need is good raw material," Green said.

On India business he said, Accenture aspires to build a good consulting business here and sees opportunities in financial services and government businesses.

The company operates 45 delivery centres across five continents with over 75,000 people. It is currently servicing 350 clients, including many of the Fortune 100 companies from India. Green said outsourcing will continue to follow the natural course of reaching to sources of expertise. He underlined areas of merger integration, supply chain, human performance and operating models where Accenture holds a competitive edge for India business.

It may be noted that the senior management of Accenture is in India for the first time to hold a board meeting here.

The press statement from Accenture follows similar ambitions expressed over the past months by Deloitte and PricewaterhouseCoopers.