Deloitte to invest USD500 mn in priority markets

Kolkata : Deloitte, a major international accounting and consulting firm, on Wednesday announced US$500 million investment in priority markets.

Deloitte Touche Tohmatsu Limited global CEO Jim Quigley will be visiting India between November 12-15.

During his visit, Quigley will engage with Indian business and industry leaders to discuss key opportunities and challenges for India within the global economy.

Quigley will participate in the India Economic Summit of the World Economic Forum, speak on a panel examining India?s role in global manufacturing, and attend various sessions focused on India?s future vision, growth, and sustainability.

?This is a vibrant and dynamic era for India as it articulates and realizes its vision of continued development, growth, and leadership that can serve as a model for developing countries throughout the world,? said Quigley.

?While there are challenges to embracing and achieving this vision, it is truly a defining moment in India?s history.?

Deloitte Touche Tohmatsu Limited and its member firms have committed more than US$1 billion in strategic investments over five years, of which US$500 million will be invested in priority markets: Brazil, China, India, Japan, Middle East, Russia, and Southeast Asia.

?India is an extremely important market for Deloitte,? said Quigley.

?The commitment Deloitte India has made to hiring people, investing in talent development, expanding capabilities to serve clients, and introducing innovative service offerings will enable Deloitte India to help clients seize upon emerging business opportunities during this pivotal time,? he added.