PwC creates 40,000 strong consulting joint venture

PwC India and PwC US are creating a 40,000-employee consulting joint venture by combining PwC India's consulting business with PwC US's India-based Acceleration Centres. Sanjeev Krishan will become CEO, while PwC US will retain majority voting rights. The venture is expected to close in the first half of 2027 and will focus heavily on AI, technology and engineering capabilities.