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Consulting in India: 2023 Guide

This week we want to bring you a guide to the best consultancies in India. In no particular order, we have dealt with the top consulting firms, their positives, negatives and any other important information!

There are plenty of resources offering information about the leading management consultancies across the globe.

However, in places like India, where the profession is beginning to blossom, there are fewer resources about domestic consultancies. We decided to group what we think are the top ten firms in India. Unlike other sites, we didn’t just want to talk about Tata! We analysed the positives and negatives of each of them.

This list excludes the ‘global’ firms. Companies like Deloitte, Accenture, McKinsey, Bain, BCG etc all have a fantastic offices in India. They increasingly contribute some of the firms’ global leaders and export many Senior Partners.

India’s own consultancies generally sprung up in a wave after the boom of American consultancies. Lots sprung up in the 80s and 90s all around the country. They are slightly different in that they usually operate on a more regional basis. America’s top consultancies have offices all over the country’s commercial hubs. India’s are likely to be more locally confined.

KVP Business Solutions

KVP is based in Bangalore and is one of the most exciting new consultancies in India. Founded in 2008, it is already touching 200 employees and an annual revenue of nearly 1 billion INR.

Although it is based in India, KVP focuses on global customers. They typically do traditional management consultancy – style work. The firm optimizes costs and increases revenues by providing consulting services for outsourcing and go-to-market strategies.

Tata Strategic Management Group

Tata slightly slower recent growth is what stops it from ranking higher. The firm started up Chennai in 1991 and has since enjoyed a meteoric rise. It has a revenue of US$113 billion and over 700,000 employees employees (2009)

Tata is a large management consulting firm with expertise and specialists in almost all industry verticals. It was founded as a subgroup of Tata Industries Limited, a pre-established company with a variety of interests.

PRTM Management Consultants

Pittiglio Rabin Todd & McGrath (PRTM) is actually now a global management consulting firm. In India, its primary focus is in Bangalore. It has over 20 offices across the Americas, Europe and Asia. It was initially founded in 1976, by ex-pats Pittiglio, Rabin Todd & McGrath (PRTM).

PRTM works with companies to build operational capabilities, drive product innovation, expand into new markets, and facilitate brand management. The firm also works with global corporations to identify and forge local partnerships. PRTM focuses on the Automotive, Aerospace, Industrial, Healthcare, Telecommunications, and FMCG industry sectors.

Kantar Health

Kantar Health is a leading global healthcare consulting firm and advisor to many of the world’s leading pharmaceutical, biotech, and medical device and diagnostic companies.

Founded in Mumbai in 2009, it focuses on the corporate elements of healthcare firms. These include brand growth and equity assessment, brand positioning and general reputation and marketing strategies.

Linedata

Linedata was founded in 1998 as the result of a merger of three firms: GSI Division des Banques, Line Data and BDB Participation. It now has over 13,000 employees and has carved out a reasonably sized niche in its specialist area. Linedata focuses on financial or transactional consulting. The firm deals with, asset management, lending & leasing, insurance, service & outsourcing, technology. It is especially relevant for aspiring consultants who hope to transition into a financial services career at a later date.

Wipro

Wipro Ltd. is a leading Information Technology, Consulting and Business company. It delivers innovative solutions to enable its clients do business better. The firm delivers winning business outcomes through its deep industry experience and a 360 degree view of “Business through Technology”. It is currently pulling in nearly $8bn in revenue with its 120,000 employees.

Arshiya International Ltd

Arshiya International Limited is a subset of the Arshiya group. It is really a multinational firm, but its Indian focus demands a mention.

Arshiya has headquarters in Mumbai and has offices in 15 cities globally. In India, Arshiya has an office in Ahmedabad, New Delhi, Vadodara, Kolkata, Mumbai, Pune, Hyderabad, Bangalore and Chennai.

Arshiya provides knowledge-driven solutions focused on the areas of innovative technology, business process outsourcing, supply chain, demand chain and financial flow management services.

Noesis Strategic Consulting Services

The firm is based in New Delhi. It provides consultancy and advisory services on public policy and regulatory issues, formulation of corporate social responsibility strategies, investment advice in relation to infrastructure, equity and hedge funds. Noesis is actually slightly outside the traditional management consultancy model. It doesn’t exactly deal with business operations. Rather, it focuses on financial and public strategies. Noesis typically take clients needing to make peace with the financial system.

Technopak

Founded on the principle of “concept to commissioning”, Technopak partners with clients in identifying maximum-value opportunities, providing solutions for key challenges and helping clients create robust and high growth business models. It now has almost 200 employees after its foundation in 1992. Although it remains an exciting company, its value offer is increasingly melding into the pack.

Author

  • Will Bennett

    Will Bennett is a Cambridge graduate. He worked as a Consultant and Senior Consultant at Boston Consulting Group (BCG) in London. Will is the Founder of The Cambridge Consultant.