The consulting companies in India shows major market growth at present. Consulting industry evaluation reached more than USD 13 billion during fiscal year 2023 after displaying a 7.1% growth rate. Due to pandemic adjustments and consistent CAGR of approximately 8.1%, the value of the Indian consulting market grew from USD 9.5 billion in 2019 to USD 13 billion in FY2023. Analysts predict the Indian consulting market will advance to approximately USD 30 billion by 2030 based on the projected CAGR range of 7-9% during the next few years.
The remarkable growth of the consulting sector results from multiple factors that encompass India’s thriving economy and digital transformation of industries, along with increasing government infrastructure and manufacturing focus and increasing businesses’ recognition of external expertise and strategic benefits. Additionally, many B2B companies in India are leveraging consulting services to optimise operations, enhance decision-making, and drive business growth.
In this blog, we have added the top 10 consulting firms in India, while explaining their specialties alongside delivering their deliverables and fundamental elements driving their dominance within India’s key developing and strategically relevant economic terrain.
What is a Consulting Company?
A consulting firm is a company comprising experts in various fields who assist organisations facing challenges by offering advice, guidance, and practical solutions. These firms are hired to address issues that arise in every organisation.
The best consulting firms in India operate across diverse industries, including finance, healthcare, advertising, engineering, architecture, and technology, among others.
Understanding the Consulting Landscape of India
The consulting landscape in India is dynamic, rapidly evolving, and deeply integrated into the broader economic development of the country. It encompasses a wide range of services, including management consulting, IT consulting, strategy, finance, operations, and human resources advisory services. Key Drivers of Growth in the Indian Consulting Industry include:
Economic Expansion
India’s GDP growth and increased private and public sector investments have led to a greater need for expert consulting services. Industries are diversifying, scaling, and modernising—driving demand for strategic guidance.
Digital Transformation
Businesses across sectors are embracing digital technologies. Consulting firms are helping them leverage data analytics, automation, cloud computing, and AI to optimise operations and innovate faster.
Policy and Regulatory Changes
Shifts in regulations such as GST implementation, FDI reforms, and ESG compliance have created demand for legal, tax, and compliance consultants to navigate these complexities.
Start-up Ecosystem and Entrepreneurship
The rise of start-ups in India has led to increased needs for business model validation, market entry strategy, fundraising support, and organisational development, creating fertile ground for niche consulting services.
Globalisation and MNC Expansion
International firms entering or expanding within India seek consulting partners to understand local market dynamics, supply chains, and compliance landscapes.
Factors to Consider When Choosing a Consulting Company in India
To determine the leading consulting firms in India multiple important factors need consideration. A complete evaluative method includes both revenue and market share data alongside other significant factors.
- Market Presence and Revenue: The market leaders, along with sustainable revenue growth, both establish these companies as strong candidates. Their capacity to secure major projects as well as hold onto client faith stands as an indicator of their operational strength.
- Industry Expertise: The Indian market requires consulting firms to focus specifically on vital economic sectors, which include technology and financial services, healthcare, manufacturing, and energy sectors. Business organisations that possess deep market knowledge can generate customised and effective solutions.
- Service Portfolio: Since the consultancy firm offers management and strategy consulting along with operations consulting and IT consulting together with human resources consulting and financial advisory advice it shows a broad spectrum of services that enable support for varied client needs.
- Clientele and Reputation: Clientele performance combined with market recognition demonstrates both previous business success and the level of customer contentment that exists among clients. Strong positive client feedback along with extended partnerships serve as reliable indicators for consulting services.
- Talent Pool and Employee Satisfaction: The expertise combined with the experience of consulting firm employees represents an essential component for success. Organisations with highly satisfied employees who attract top talent receive better market positions to produce superior service outcomes.
List of Top 10 Consulting Companies in India
A.T. Keatney India
- Founder: Andrew Thomas Kearney
- Founded in: 1995
- Best for: Operations and supply chain consulting
- Headquarters: Mumbai
A.T. Kearney India maintains operations and staffing in the Mumbai and Delhi locations with a consultancy workforce of about 300 personnel who handle specialised projects. The leading consulting firms in India recorded a 16 per cent annual increase after achieving their maximum performance through operations and supply chain consulting, which reached 30 per cent growth. The growth rate is very high, and the business customers, including many manufacturing companies, operating under this company experience market acceleration of 25%. The company retains more business clients than the industry standard of 65%.
Key services:
- Supply chaioptimisationon
- Strategic sourcing
- Digital operations transformation
- Merger integration and organisational effectiveness
- Sustainability and circular economy consulting
Contact details
Address: Indiabulls Finance Centre, Tower 3, 19th Floor, Senapati Bapat Marg, Elphinstone Road, Mumbai 400013
Phone: Not publicly available
Mail ID: Not publicly available
Grant Thornton India
- Founder: Alexander Richardson Grant
- Founded in: 1991
- Best for: Mid-market companies and entrepreneurial businesses
- Headquarters: New Delhi
Grant Thornton India is a distinguished midmarket accounting firm that operates through 15 national locations and supports 5,000 professional staff members. Like many leading Consulting Companies in India, it has benefited from an 18% yearly increase in performance. Also, the consulting firm is making a profit from the rising demand within the growing mid-market sector of India. It is considered one of the best consulting firms in India. The growth reaches 8–10% as a result of Grant Thornton’s client service projects.
Key services:
- Audit and assurance services
- Tax and regulatory advisory
- Business consulting and performance improvement
- Transaction advisory services and valuations
- Risk advisory and internal audit
- Digital transformation for mid-sized businesses
Contact details
Address: 6th Floor, Worldmark 2, Aerocity, New Delhi – 110037
Phone: +91 11 4952 7400
Mail ID: contact@in.gt.com
Bain and Company India
- Founder: Bill Bain
- Founded in: 1973
- Best for: Strategic consulting and private equity advisory
- Headquarters: Haryana
Established in 1973, Bain & Company brings over 40 years of experience to clients both locally and internationally. They provide a wide range of services, including strategy, organisation, operations, private equity, and M&A, spanning various industries. As one of the top Consulting Companies in India, Bain serves a diverse clientele, ranging from change-driven CEOs at global multinationals to large Indian corporations and select mid-sized firms, all seeking growth and transformation. With a focus on high-growth sectors like technology, consumer goods, and healthcare, coupled with a results-oriented approach, Bain emerges as a leading consulting firm in India.
Key services:
- Strategy Consulting
- Private Equity Consulting
- Performance Improvement
- Customer Strategy
- Digital Solutions
Contact details
Address: Building 10, Tower C, 20th floor, City, DLF Cyber City, DLF Phase 2, Sector 24, Gurugram, Haryana 122002
Phone: +1 617 572 2000
Accenture India
- Founder: Joulie Sweet
- Founded in: 1989
- Best for: Technology consulting and digital transformation
- Headquarters: Bangalore
Established in India in 2000, Accenture India, a subsidiary of the global professional services giant, provides Strategy & Consulting, Interactive, Technology, and Operations services. These services are driven by advanced technology and human creativity. As one of the prominent Consulting firms in India, Accenture serves various industries, specialising in Banking, Financial Services, Communications, Media & Technology, and Healthcare. From Fortune 500 companies to innovative startups, clients rely on Accenture’s expertise in cloud, cybersecurity, data & AI, digital engineering, and sustainability to transform their businesses and stay competitive.
Key services:
- Technology Consulting
- Digital Transformation
- Cloud Solutions
- Industry X.0
- Business Process Services
Contact details
Address: SEZ, Divyashree Techno Park 36/2, K R Puram, Hobli, Kundalahalli, Whitefield, Bengaluru, Karnataka 560066
Phone: +912240443934
Tata Consultancy Services
- Founder: Tata Group
- Founded in: 1968
- Best for: IT and enterprise services
- Headquarters: Mumbai
Tata Consultancy Services (TCS), founded in India in April 1968, is a renowned IT services and consulting company known for its wide range of services. Offering strategic consulting, IT solutions, and enterprise services across industries such as banking, manufacturing, and telecom, TCS empowers businesses. With operations in 46 countries and a workforce of over 616,000 employees, TCS utilises its global presence, industry knowledge, and innovation focus to consistently rank among the top IT services firms globally.
Key services:
- IT Consulting
- Digital Transformation
- Enterprise Solutions
- Analytics and Insights
- Industry-Specific Solutions
Contact details
Address: C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai 400 083
Phone: +91 810 811 8484
KPMG India
- Founder: Piet Klynveld, William Barclay Peat, James Marwick, Reinhard Goerdeler
- Founded in: 1993
- Best for: Advisory services and risk management
- Headquarters: Haryana
Founded in India in 1993, KPMG India Private Limited has become a top professional services firm. They provide a wide range of services, including tax, audit, advisory, and risk consulting. As one of the leading Consulting Companies in India, KPMG serves both local and multinational companies across various industries, such as infrastructure, technology, and financial services. The firm is known for its deep expertise in areas like renewable energy, fintech, and blockchain. With a global network and a commitment to quality, they have consistently ranked among the top 5 consulting firms in India.
Key services:
- Business and digital transformation services
- Risk consulting and compliance solutions
- Deal advisory and corporate finance
- Tax and regulatory services
- Management consulting and strategy execution
- ESG and sustainability advisory
Contact details
Address: Building No. 10, 8th Floor, Tower B, DLF Cyber City, Gurugram, Haryana 122002
Phone: Not publicly available
PwC India
- Founder: Samuel Lowell Price, Edwin Waterhouse, William Cooper
- Founded in: 1998
- Best for: Comprehensive business solutions and regulatory compliance
- Headquarters: Gujrat
PwC India has entrenched itself as a business advisor to different sectors with global expertise blended with deep local market knowledge. The consulting firm has been successful in addressing the complexities of business and regulatory changes in the business world. Their work revolves around practical solutions to current problems that help meet long-term strategic objectives. PwC invested heavily to strengthen its digital competencies.
Key services:
- Management Consulting
- Technology Consulting
- Risk Assurance Services
- Deals and Transaction Services
- Cybersecurity Consulting
Contact details
Address: Shapath-V, 17th FloorOpposite Karnavati Club, Ahmedabad, Gujarat, India
Phone: Not publicly available
Boston Consulting Group (BCG) India
- Founder: Bruce Henderson
- Founded in: 1996
- Best for: Strategic business solutions and innovative growth strategies
- Headquarters: Mumbai
Established in the US in 1963, The Boston Consulting Group (BCG) expanded to India in 1995. With over 500 employees in 7 offices today, BCG India provides a wide range of consulting services in strategy, operations, technology, and digital transformation. Serving leading corporations and private equity firms, they specialise in sectors like consumer goods, healthcare, IT, and industrials. Ranked among the top 10 management consulting firms in India, BCG India utilises its global network and industry expertise to deliver tangible results for its clients.
Key services:
- Corporate development and growth strategies
- Digital transformation and technology advantage
- Cost efficiency and operational excellence
- Customer-centric marketing and sales strategies
- Organisation design and talent management
- Sustainability and ESG advisory services
Contact details
Address: 14th Floor, Nariman Bhavan, 227 Backbay Reclamation, Nariman Point, Mumbai 400021
Phone: +22 6828 9000
McKinsey & Company India
- Founder: James O. McKinsey
- Founded in: 1992
- Best for: Strategic consulting and high-level business transformation
- Headquarters: Bangalore
McKinsey & Company India LLP, founded in 2013, is a well-known management consulting firm ranked among the Top 10 globally. They offer strategic advice to various industries, helping companies optimise salesforce effectiveness and develop innovative business models. Serving leading corporations, governments, and social institutions, McKinsey specialises in strategy & operations, organisational transformation, digital transformation, and sustainability. Their clients come from sectors like banking, healthcare, telecom, and consumer goods.
Key services:
- Corporate strategy and business model innovation
- Digital and analytics transformation
- Organisation redesign and leadership development
- Operations excellence and supply chain optimisation
- Marketing and sales transformation
Contact details
Address: 6th Floor, 1 SOBHA, No: 50, St. Marks Road, Bengaluru 560001, India
Phone: +91 (80) 66744000
Deloitte India
- Founder: William Welch Deloitte
- Founded in: 1995
- Best for: End-to-end business transformation and industry-specific solutions
- Headquarters: Haryana
Established in 1995, Deloitte Consulting India is a prominent management consulting firm and one of the leading Consulting Companies in India. Providing a wide range of consulting services, including strategy & operations, human capital, risk advisory, and financial advisory, Deloitte assists clients across industries such as technology, financial services, and consumer goods. With an emphasis on data-driven solutions and extensive industry knowledge, Deloitte maintains its position among the top 10 management consulting firms in India. It is known for its dedication to client success and innovative problem-solving approach.
Key services:
- Digital transformation
- Technology implementation services
- Strategy and operations consulting
- Human capital advisory
- Workforce management
- Risk advisory and cybersecurity services
Contact details
Address: Building 10, Tower B, DLF Cyber City, Gurugram, Haryana 122002
Phone: Not publicly available
Key Sectors Served by Consulting Firms in India
Information Technology & Digital Services
Consulting firms help businesses adopt cutting-edge technologies like cloud computing, automation, and cybersecurity. They assist with digital transformation to improve efficiency and competitiveness. As technology rapidly evolves, consultants guide companies in aligning IT with business ideas and goals. This sector forms the backbone of India’s digital economy.
Financial Services
Financial institutions rely on consultants for support in risk management, compliance, and digital banking. With the rise of fintech and stricter regulations, firms need expert guidance to stay competitive. Consultants help streamline operations, improve customer experience, and handle mergers and acquisitions. Their role is vital in a fast-changing financial landscape.
Healthcare & Pharmaceuticals
Consultants aid healthcare and pharma companies in optimising supply chains, navigating regulations, and accelerating innovation. They support R&D, digital health integration, and hospital efficiency. Post-pandemic, demand for strategic guidance has surged. These firms help improve care quality while managing cost and compliance.
Manufacturing & Industrial Goods
In manufacturing, consulting firms enhance productivity through lean processes and technology upgrades. They support supply chain optimisation and Industry 4.0 adoption. With initiatives like ‘Make in India,’ manufacturers seek expert advice to stay globally competitive. Consultants also help implement sustainability and quality systems.
Infrastructure & Construction
Consulting firms provide project planning, cost estimation, and risk management in infrastructure. As India invests in smart cities and transport, expert advice ensures timely and efficient project execution. Consultants assist in public-private partnership models and regulatory compliance.
Energy & Utilities
This sector benefits from consulting in renewable energy, sustainability, and efficiency improvements. As India shifts toward clean energy, firms need help with transition strategies and technology integration. Consultants guide regulatory alignment and grid modernisation.
Retail & Consumer Goods
Retailers turn to consultants for market entry, digital strategy, and customer experience enhancement. With e-commerce growth and changing consumer behaviour, firms need agile solutions. Consultants also advise on supply chain, pricing, and brand positioning. They help businesses stay relevant in a highly competitive market.
How to Engage with a Consulting Firm
Working with a consulting firm is a strategic decision. Here’s a step-by-step guide to engaging effectively:
Define Your Objectives Clearly
Be specific about what you want to achieve—whether it’s solving a business problem, entering a new market, or improving operational efficiency.
Conduct Thorough Research
Evaluate the firm’s domain expertise, reputation, previous client success stories, and alignment with your industry.
Shortlist and Interview Firms
Engage in exploratory meetings to assess:
- Problem-solving approach
- Industry knowledge
- Flexibility in the engagement model
- Team composition
Evaluate Proposals and Scope of Work (SOW)
Compare SOWs based on:
- Deliverables
- Timelines
- Pricing models (fixed fee, retainer, or success-based)
- Outcome measurability
Establish Governance and Communication Protocols
Define roles, reporting lines, checkpoints, and success metrics to ensure project alignment and progress tracking.
Collaborate, Don’t Outsource
Consultants work best when treated as partners, not vendors. Active internal stakeholder involvement boosts the success rate.
Future Outlook of Consulting in India
The future of consulting in India is vibrant, underpinned by macroeconomic growth, increased digitisation, and a maturing client base. Here are key trends shaping the future:
AI and Automation-Driven Consulting
AI tools will support diagnostics, predictive analytics, and automated decision-making. Consultants will need to blend domain knowledge with AI insights.
Niche and Boutique Consulting Growth
Small firms specialising in ESG, startup acceleration, DEI (Diversity, Equity, Inclusion), or specific industries will gain more traction.
ESG and Sustainability Advisory
With growing environmental regulations and investor pressure, sustainability consulting will become mainstream.
Outcome-Based Pricing Models
Clients will increasingly demand ROI-driven engagements, shifting from billable hours to performance-based contracts.
Globalization and Cross-Border Projects
Indian consultants will serve international clients, especially in the Middle East, Southeast Asia, and Africa, leveraging cost advantage and expertise.
Hybrid Delivery Models
Combining on-site presence with remote digital collaboration tools, firms will offer flexible, tech-enabled delivery mechanisms.
Conclusion
The consulting firms in India maintain a strong growth dynamics that supports essential business transformation throughout Indian companies. This article discusses ten consulting companies which comprise worldwide organizations alongside respected Indian businesses that contribute diverse specializations to their clients.
The firms offer organisations essential capabilities that guide organisations through complexities while helping them utilise business opportunities to fulfil their business targets. The Indian consulting market presents enormous opportunities because the country’s economic growth will keep advancing while businesses encounter progressively complex business challenges.
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FAQs
What are some of the best consulting firms in India?
Some of the best consulting firms in India are: Bain & Company, BCG, India, Accenture India and many more.
Which are top top-tier consulting firms?
The Tier 1 consulting firms are BCG, McKinsey, Bain and many more.
What process should I use to select a suitable consulting firm?
Choose consulting services by evaluating how well the firm meets your requirements, alongside their technical knowledge of your industry.
Which abilities do consultant professionals need to succeed in Indian consulting?
The key requirements for success in consulting firms in India include superior analytical capabilities as well as problem-solving skills.
