An overview of the Indian consulting industry.
An overview of the Consulting Industry in India
Consulting as a service came about as far back as the late 19th century when the world’s first modern consultancy firms were founded because the industry had started to move away from simple trading and traditional products to things that called for specialized knowledge in setting up, maintenance and growth.
Mirroring the global consulting industry is the one in India that too has seen substantial growth (and slumps), not only in terms of size but also in terms of the service offerings. As per the Best Business Blogs in India, In recent years the demand for specialist consulting services is being sought in a big way in India.
In the normal order, management consultancy includes within its ambit the following:
- Management consulting with its ambit of improving organizational structures, planning strategies, and marketing.
- Operational & technology consulting that looks into improving operational efficiency and keeping up with technology.
- Financial consulting that deals with utilizing capital effectively throughout the entire value chain, cash management, and organic expansion of an entity.
