The Business Bytes
TBB BUREAU
BHUBANESWAR, JUNE 15, 2022
Multinational professional services network PricewaterhouseCoopers India (PwC) on Wednesday said it would create 10,000 additional employment opportunities in India over the next five years as part of its new strategy, as it set foot in Odisha for the first time with an office in Bhubaneswar.
It plans to hire around 500 people in the state within the next three years.
The new office in Bhubaneswar will be a flexible, multi-use one serving clients in the region, a top company official said.
“This expansion is in line with the firm’s commitment to create 10,000 additional jobs in the country over the next five years,” said Sanjeev Krishan, Chairman, PwC in India.
“Our talent pool is no longer centered in metro cities and we are looking to leverage the wealth of skilled professionals in other cities, too,” he added.
“Odisha’s rich education system produces a large number of engineers, law and management graduates every year. In addition, the state is a preferred investment destination and home to some of India’s leading organisations, be it conglomerates, technology majors, PSUs or home-grown companies. Many of them are our clients who can now be locally serviced as well,” he added.
Between 2006 and 2017, Tier-II and Tier-III cities received five times more investment for retail infrastructure than Tier-I and metro cities, reiterating the promise these cities hold, Krishan said.
“At PwC, our endeavour is aligned with India’s USD 5 trillion aspiration,” he said. “Providing job opportunities across the country will be an important step towards achieving this goal, and we are making this an integral part of our growth strategy,” he added.
Hailing the state’s burgeoning ecosystem for business growth, Krishan emphasized that the Bhubaneswar office is a testament to PwC’s commitment to India’s growth story.
Apart from Bhubaneswar, the firm had recently expanded operations in Jaipur. It will also set up branch offices in Noida and Thane, he said.
