PwC US and PwC India announce joint venture to combine consulting and offshore capabilities

  • PwC US and PwC India announced a venture merging Acceleration Centers with PwC India's Consulting business.
  • 2027: Transaction is expected to close in the first half, subject to approvals and closing conditions.
  • PwC's legally separate national firms will continue existing structures until closing.

PwC US and PwC India have announced a joint venture that will combine PwC India's Consulting business with PwC US's India-based Acceleration Centers, or ACs. The centers provide specialist talent and overnight support to US teams but currently operate separately from PwC India's operations. The proposed platform will bring together strategy, transformation, technology, engineering, artificial intelligence and managed-services capabilities for clients in India, the United States and other markets. Sanjeev Krishan, Chairperson of PwC India, will become the incoming CEO of the venture, while Paul Griggs, PwC US CEO, said the combination would improve access to talent, create growth opportunities and bring technology, engineering and AI capabilities together at greater scale. The transaction is expected to close in the first half of calendar year 2027, subject to closing conditions and regulatory approvals. Until then, the firms will continue operating through their existing structures, and financial terms were not disclosed.

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