World News | We Will Have Our Big Four in India Soon: Goyal
Get latest articles and stories on World at LatestLY. Commerce and Industry Minister Piyush Goyal on Monday said the government is trying to create large domestic accountancy firms in India, and the country will soon have its own "big four".
Bern, Jun 9 (PTI) Commerce and Industry Minister Piyush Goyal on Monday said the government is trying to create large domestic accountancy firms in India, and the country will soon have its own "big four".
Currently, the big four are Deloitte, PwC or PricewaterhouseCoopers, Ernst & Young (EY), and KPMG. These four firms dominate the accountancy and consultancy space in India.
"Now, we are trying to create our own big four. Earlier, the rules were (not friendly)...You know, we couldn't have mergers. Our mindset was also different. Now, gradually, people are understanding...We will have our big four in India, very soon, wait and watch," he told reporters here.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)