OPINION: KPMG positive on India.

from BUSINESS LINE, October 31, 2008 Global consultancy and auditing major KPMG recently revamped its operations in India, strengthening its management team and nominating new heads along business lines. Notwithstanding the current concerns of slowdown and possible impact on businesses in India, KPMG believes the long-term outlook is positive. As the firm completed 15 years in India, the recent restructure will come into effect early next year.

KPMG continues to expand in India and plans to scale up headcount to 5,000 people by 2010-11 from 3,500 now. Today, as businesses look at the East, KPMG believes that it will be easier to attract people and skills from their global network.

The consultancy is optimistic on the potential in sectors such as infrastructure, information …