PwC India, US to form 40,000-strong consulting JV to drive global push

PwC India and PwC US are creating a joint venture by combining the Indian firm's consulting business with the US firm's India-based acceleration centers. The new entity will launch with 40,000 employees and will be majority-owned by PwC US (50.1%), but operational control will rest with PwC India. The move is designed to create a larger, integrated talent pool to compete for global consulting mandates.