Latest news with #SanjeevKrishan
Yahoo
28-07-2025
- Business
- Yahoo
PwC India opens new office in Gurugram
PwC India has inaugurated a new office in Gurugram, which is its sixth location in the National Capital Region (NCR). The facility, situated in DLF Downtown 4, covers an area of 125,000ft² and is intended to support the firm's increasing workforce in the area. This expansion raises PwC India's total capacity in the NCR to nearly 8,000 employees, contributing to a national workforce of around 30,000 across 20 sites. The new office is designed to include spaces for innovation, client engagement, and collaboration, aimed at enhancing service delivery and addressing complex client needs, the accounting giant said in its press statement. Sanjeev Krishan, chairperson, PwC in India, said: 'The opening of our sixth office in the NCR region represents the continued demand of our services and trust of our clients. As a people business, our offices are always centered around our clients and employees. 'Our new office has been designed as an open, flexible, Gen Z friendly workspace created to challenge the conventions of traditional workplaces. The contemporary workplace design and bold interiors that are aligned with our refreshed brand identity, will support balance, collaboration, and innovation—giving our people what they need to thrive and bring their best every day, and our clients the experience they expect.' Krishan added: 'The NCR offers a vibrant professional ecosystem that aligns perfectly with PwC India's ambitious growth and innovation objectives. By expanding in the dynamic hub of Gurugram, we are making a long-term investment in our promising future—one that will help us grow and go further by continually attracting the best talent from this region.' In addition to the Gurugram office, PwC India has plans for further growth, with two new offices set to open in Mumbai in 2025. This initiative, according to the company, is part of its strategy to strengthen its operations in the financial centre of the country, allowing employees greater flexibility in choosing their workplace while improving client service across India. "PwC India opens new office in Gurugram" was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
24-07-2025
- Business
- Yahoo
PwC India expands presence with sixth office in Gurugram
PwC India, a subsidiary of the UK-based consulting multinational PwC, opened its sixth office in DLF Downtown 4, Gurugram. The expansion increases the firm's capacity in India's National Capital Region (NCR) to nearly 8,000 people, while nationally it employs 30,000 across 20 locations. The office will feature innovation hubs, client experience zones, and collaborative spaces, enhance service delivery and support the firm's multidisciplinary approach to solving complex problems and creating disruptive value for its clients. 'The opening of our sixth office in the NCR region represents the continued demand for our services and the trust of our clients. As a people business, our offices are always centred around our clients and employees.", Sanjeev Krishan, chairperson of PwC India, said. "The contemporary workplace design and bold interiors that are aligned with our refreshed brand identity will support balance, collaboration, and innovation, giving our people what they need to thrive and bring their best every day, and our clients the experience they expect.' He added: 'The NCR offers a vibrant professional ecosystem that aligns perfectly with PwC India's ambitious growth and innovation objectives. By expanding in the dynamic hub of Gurugram, we are making a long-term investment in our promising future—one that will help us grow and go further by continually attracting the best talent from this region.' PwC India is also planning further expansion of its operational footprint, with two new offices slated to open in Mumbai in 2025. The move reflects the firm's ongoing efforts to strengthen its presence in the country's financial hub, offering flexibility to employees to work out of their preferred office locations in the city and better serve clients across the country. "PwC India expands presence with sixth office in Gurugram" was originally created and published by Investment Monitor, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Time of India
08-07-2025
- Business
- Time of India
Human, industrial needs may unlock $9.82T growth by 2035: PwC
Megatrends such as climate change, demographic shifts and technological disruptions are creating new avenues for value creation that transcend traditional industry boundaries. Amid this scenario, businesses are rapidly diversifying to capitalise on the evolving landscape. However, to navigate this transformation effectively, they require a fresh approach to identify where and how to diversify in order to seize value in motion. To support this need, PwC has developed a domain-based framework designed to guide strategic-decision making in this new to PwC India's report, 'Navigating the value shift', Indian businesses can unlock USD 9.82 trillion in gross value added (GVA) by 2035 by tapping into these growth domains. Domains represent markets where businesses go beyond traditional sector boundaries to address fundamental human and industrial needs. Value within these domains is created through collaboration across ecosystems and interconnected value chains. By integrating diverse economic sectors, domains open up new avenues for growth, enabling a diverse range of companies to participate and thrive. A brief description of each domain is provided in Diagram-1 below. Diagram-1: The nine domains of growth 'India CEOs are already responding to these shifts. In PwC's 28th Annual Global CEO Survey: India perspective published in January 2025, 40% of India CEOs stated that their companies have entered at least one new sector in the past five years, with half of them generating up to 20% of their revenue from these new ventures,' said Sanjeev Krishan, Chairperson, PwC in India. 'But to sustain momentum and unlock full value, businesses must move beyond ad hoc diversification. A domain-led lens that goes beyond the sector-led approach provides a powerful way to reimagine capabilities, collaborate across ecosystems, and build future-ready business and revenue models.' As per PwC's study, one of the most significant domains contributing to the GVA calculus will be the 'Make' domain, which includes manufacturing and industrial production, amongst other sectors. The report estimates that this domain alone will expand from USD 945 billion in 2023 to nearly USD 2.7 trillion in GVA by 2035 . Consider another domain, 'how we build.' As technology continues to reshape the way we construct and manage built environments more efficiently, traditional sectors such as real estate, construction and building management are being complemented by innovation spaces. These include smart, sustainable buildings; building tech and data solutions; and smart city infrastructure. Together, they represent a shift towards a more efficient, intelligent and integrated approach to the 'Build' domain. On the other hand, the telecommunications sector illustrates a range of cross-domain possibilities (see Diagram 2). The value pools emerging in these new growth domains represent exciting growth opportunities. Commenting on the need for proactive reinvention, Arnab Basu, Partner and Clients & Industries Leader, PwC India added, "India's growth ambition is closely tied to its ability to innovate across domains. We are seeing a bold push from Indian enterprises to lead in newer markets—whether through digital reinvention, advanced manufacturing or sustainable infrastructure. What's needed now is an intentional, insight-led strategy to scale these efforts while keeping resilience and trust at the centre.' The report introduces a structured framework to help organisations identify and pursue opportunities that lie beyond traditional sector boundaries. It outlines glidepaths and guardrails—strategic actions and risk mitigators—to help companies enter new domains with clarity and confidence. These include mapping ecosystems, bridging capability gaps, building intelligent foresight engines, and crafting clear domain entry and exit strategies. Raghav Narsalay, Partner and Leader – Research and Insights Hub, PwC India said, 'In an environment where businesses are constantly seeking clarity on where to play and how to play, our research offers both strategic direction and a framework for them to engage creatively with growth opportunities they may not have necessarily identified.' With India's economy projected to reach USD 30 trillion by 2047, domain-based innovation could play a pivotal role in driving the nation's inclusive, sustainable and tech-powered growth. PwC's domain-based framework supported by glidepaths and guardrails offers a robust architecture to help organisations align their reinvention efforts with long-term national objectives and business imperatives.
Entrepreneur
07-07-2025
- Business
- Entrepreneur
Domains Driven by Human and Industrial Needs Can Unlock $9.82 trillion by 2035: PwC India
By integrating diverse economic sectors, domains open up new avenues for growth, enabling a diverse range of companies to participate and thrive, said the report. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. According to PwC India's report, 'Navigating the value shift', Indian businesses have the potential to unlock USD 9.82 trillion in gross value added (GVA) by 2035 by tapping into growth domains. By integrating diverse economic sectors, domains open up new avenues for growth, enabling a diverse range of companies to participate and thrive, said the report. "India CEOs are already responding to these shifts. In PwC's 28th Annual Global CEO Survey: India perspective published in January 2025, 40 per cent of India CEOs stated that their companies have entered at least one new sector in the past five years, with half of them generating up to 20% of their revenue from these new ventures," said Sanjeev Krishan, Chairperson, PwC in India. "But to sustain momentum and unlock full value, businesses must move beyond ad hoc diversification. A domain-led lens that goes beyond the sector-led approach provides a powerful way to reimagine capabilities, collaborate across ecosystems, and build future-ready business and revenue models," added Krishan. As per PwC's study, one of the most significant domains contributing to the GVA calculus will be the 'Make' domain, which includes manufacturing and industrial production, amongst other sectors. The report estimates that this domain alone will expand from USD 945 billion in 2023 to nearly USD 2.7 trillion in GVA by 2035. Commenting on the need for proactive reinvention, Arnab Basu, Partner and Clients & Industries Leader, PwC India, added, "India's growth ambition is closely tied to its ability to innovate across domains. We are seeing a bold push from Indian enterprises to lead in newer markets, whether through digital reinvention, advanced manufacturing, or sustainable infrastructure. What's needed now is an intentional, insight-led strategy to scale these efforts while keeping resilience and trust at the centre." With India's economy projected to reach USD 30 trillion by 2047, domain-based innovation could play a pivotal role in driving the nation's inclusive, sustainable, and tech-powered growth, the report said. Raghav Narsalay, Partner and Leader – Research and Insights Hub, PwC India said, "In an environment where businesses are constantly seeking clarity on where to play and how to play, our research offers both strategic direction and a framework for them to engage creatively with growth opportunities they may not have necessarily identified."
Hans India
06-07-2025
- Business
- Hans India
Indian companies can unlock $9.82 trillion in gross value added by 2035: Report
As the global economic landscape evolves rapidly, Indian businesses can unlock $9.82 trillion in gross value added (GVA) by 2035, according to a new report. As per the PwC India study, one of the most significant domains contributing to the GVA calculus will be the 'Make' domain, which includes manufacturing and industrial production, among other sectors. The report estimates that this domain alone will expand from $945 billion in 2023 to nearly $2.7 trillion in GVA by 2035. The PwC India's report, 'Navigating the value shift', said mega trends such as climate change, demographic shifts and technological disruptions are creating new avenues for value creation that transcend traditional industry boundaries. Amid this scenario, businesses are rapidly diversifying to capitalise on the evolving landscape. 'However, to navigate this transformation effectively, they require a fresh approach to identify where and how to diversify in order to seize value in motion. To support this need, PwC has developed a domain-based framework designed to guide strategic-decision making in this new era,' the report mentioned. Domains represent markets where businesses go beyond traditional sector boundaries to address fundamental human and industrial needs. 'India CEOs are already responding to these shifts. In PwC's 28th 'Annual Global CEO Survey: India perspective', 40 per cent of India CEOs stated that their companies have entered at least one new sector in the past five years, with half of them generating up to 20% of their revenue from these new ventures,' said Sanjeev Krishan, Chairperson, PwC in India. But to sustain momentum and unlock full value, businesses must move beyond ad hoc diversification. 'A domain-led lens that goes beyond the sector-led approach provides a powerful way to reimagine capabilities, collaborate across ecosystems, and build future-ready business and revenue models,' he mentioned. With India's economy projected to reach $30 trillion by 2047, domain-based innovation could play a pivotal role in driving the nation's inclusive, sustainable and tech-powered growth. 'Consider another domain, 'how we build.' As technology continues to reshape the way we construct and manage built environments more efficiently, traditional sectors such as real estate, construction and building management are being complemented by innovation spaces,' the report noted. These include smart, sustainable buildings; building tech and data solutions; and smart city infrastructure. Together, they represent a shift towards a more efficient, intelligent and integrated approach to the 'Build' domain. On the other hand, the telecommunications sector illustrates a range of cross-domain possibilities. The value pools emerging in these new growth domains represent exciting growth opportunities, said the report.
