India Charts Path to Its Own Big Four: Government Pushes for Large Domestic Audit Firms and Global Alliances
In a landmark move to reshape the professional services landscape, the Indian government has launched a strategic initiative to build its own version of the “Big Four” audit and consultancy firms. The plan aims to empower large domestic accounting firms to compete with global giants—Deloitte, PwC, EY, and KPMG—by encouraging mergers, easing regulatory constraints, and…