PwC India has unveiled plans to increase its employee base to 50,000 over the next five years with the creation of 20,000 new jobs.

The company announced its Vision 2030 approach with a target of tripling its revenue within five years.

This plan includes a commitment to invest more than 5% of annual revenues in technology and innovation.

The firm intends to concentrate on several key areas, such as digital transformation, sustainability, risk management, cloud computing, and cybersecurity, to assist clients in adapting to ongoing changes in the business landscape.

PwC India perceives the forthcoming five years as a crucial time for the country to influence its future, aligning its goals with the broader national vision of “Kal Ka Bharat.” The firm’s strategy aims to support India’s development while pursuing its own growth.

The firm plans to allocate 1% of its revenues to employee training and development.

It is also looking to expand its operations into Tier 2 and 3 cities, focusing on sector-specific and digital skills to promote local economic growth.

Additionally, PwC India aims to enhance its social contributions through the PwC India Foundation, with a target to impact more than 500,000 lives by 2030.

The firm’s growth strategy is centred around six primary sectors: financial services, healthcare, industrial manufacturing, automotive, technology, and media and telecom.

These sectors are seen as having significant potential for transformative change. PwC India will also explore emerging sectors to establish an early foothold.

The firm acknowledges that future success will require significant changes in business models and operations.

As such, it is transitioning from a traditional service provider to a more modern, delivery-oriented organisation, leveraging sector expertise and advanced technologies.

Continued investment in regional delivery centres and centres of excellence is part of this strategy, aimed at improving service delivery for both domestic and international clients.

With operations in all major Indian cities, nearly 900 partners, and a workforce of 30,000, PwC India is focused on maintaining a steady growth trajectory, having experienced consistent growth over the past four years.