Deloitte plans to hire 50,000 people from India in the next five years, CEO Romal Shetty

The company has already established a significant presence in India, employing approximately 120,000 people. This figure represents nearly 25% of Deloitte’s global workforce.

According to CEO Romal Shetty, Deloitte intends to hire 40,000-50,000 new employees to supplement its current workforce of over 1.2 lakh.

In an interview with Business Today TV’s Managing Editor Siddharth Zarabi, Shetty said, “I think this is one of the most exciting times to be in India, and I think it’s also a very exciting time for Deloitte, because we have significant growth plans, and we plan to hire more than 40 to 50,000 people over the next four to five years.”

The company has already established a significant presence in India, employing approximately 120,000 people. This figure represents nearly 25% of Deloitte’s global workforce.

Shetty also highlighted Deloitte’s significant shift in approach to India, emphasizing its transformation from a mere implementation hub to a driving force for global innovation.

“Now, a lot of the innovation and transformation is taking place outside of India, and it is being replicated globally. “It was a very exciting time,” he said.

Shetty discussed the company’s main areas of focus for future growth. He focused on two critical areas: artificial intelligence (AI) and cloud technologies.

Shetty stated that Deloitte India is performing well in all of its business segments, including audit, tax, risk advisory, financial advisory, and consultancy. He identified AI as a key driver of future growth and transformation, emphasizing its ability to be integrated into a variety of business functions. He also mentioned the growing trend of businesses moving to the cloud, not just for cost savings but also for fundamental business model changes.

Shetty also acknowledged the India Stack as a world-class initiative that has propelled India to the forefront of digital innovation. He sees the India Stack as a valuable tool for Deloitte to assist clients in changing their business models, both in the private sector and in collaboration with the government.

Shetty acknowledged the increasing vulnerability of digital environments and emphasized Deloitte’s commitment to mitigating cyber risks. “Deloitte is actively involved in high-tech sectors such as semiconductors and space, indicating its focus on future-proof growth,” he went on to say.

Deloitte is actively exploring ways to use agricultural technology (agri-tech) to improve farmer productivity and reach, Shetty stated in the interview. The company is also involved in initiatives that help artisans expand their reach and promote their work.