Business Today

Deloitte's mission Asia-Pacific

Global consulting firm Deloitte is busy expanding its business into new geographies and segments. CEO James Quigley shared his vision for the company with BT's Kushan Mitra.

Kushan Mitra | Print Edition: March 21, 2010

On plans to grow Deloitte beyond the US:
I believe that more of our business will come from outside the US, which currently stands at 40 per cent. In particular, we expect Asia-Pacific to be an important market for us. It contributes 12 per cent of our revenues ($26.1 billion for the year ended May 31, 2009) and that will continue to increase. We are always evaluating acquisitions as part of our growth strategy.

On emerging sectors for Deloitte in Asia-Pacific:
Financial services is and will remain one of the largest consumers of professional services. But in countries like India and China, I see major growth opportunities in the energy and healthcare sectors. We are also looking at the Data Analytics space, because companies are today generating massive amounts of data and we help them make sense of it.

On the growing importance of India:
India is of increasing importance to us and we are not only expanding the offshoring aspect of our business here but also our business with Indian companies. Today we have over 12,000 employees across India, with 8,000 based out of Hyderabad. We plan to grow that number to around 20,000 by 2015.

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