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Sunday, May 21, 2023

Deloitte expands delivery capabilities in India - Economic Times

Deloitte US-India Offices announced the opening of three new delivery offices in Pune, Chennai, and Kolkata to serve companies globally. This move is in response to the growing demand for skilled professionals across Deloitte’s advisory businesses.

The opening of these offices will allow the organisation to tap into the specialised talent pool and drive the next phase of growth.


“In the coming year, over 10,000 skilled professionals specialising in various areas such as artificial intelligence, data analytics, cybersecurity, cloud, human capital, assurance, tax, valuations, and mergers & acquisitions are expected to operate from these locations,” the company said.
The organisation plans to continue to invest in people with a focus on innovative approaches to support learning, digital skills development, and training opportunities, the company said.

“Deloitte recognizes the exceptional talent available in India and the increasing opportunities in business services exports. The country's skilled workforce is being sought after by global organisations for high-end work, highlighting the specialised and nuanced skill sets available,” it said.

In line with past trends, Bangalore, Delhi-NCR, and Hyderabad are expected to continue to drive absorption, while Chennai, Mumbai, Pune and Kolkata would also witness robust space take-up.

The Cushman & Wakefield report says that gross leasing activity (GLV-including renewals) remained resilient."Close to 16 million sq ft of GLV was recorded during 1Q-23, with Mumbai and Pune contributing a dominant 40% to this leasing volume, followed by Delhi-NCR, whereas Bengaluru witnessed relatively muted GLV this quarter," it mentioned.

Overall, the office market reported a net absorption of around 8.3 million square feet in Q1 2023, 67% higher than Q1 numbers in 2022, said Cushman & Wakefield.

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Deloitte expands delivery capabilities in India - Economic Times
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