Revisiting PM Modi's Vision: Unraveling the Challenges of Big 8 Accounting Firms and the Quest for 4 Indian Accounting Firms

Karan Khatri | Last updated: 24 June 2023

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Prime Minister Modi's ambition for India to have globally recognised 'Big 8' accounting firms and four major domestic players faces significant challenges. The dominance of the 'Big 4' and internal issues like brand recognition and talent retention hinder progress. To achieve this vision, Indian firms must move beyond rhetoric and implement concrete strategies, including strengthening their brand, developing talent, adopting technology, and exploring collaborations, all while critically analysing the success of established global firms.

Introduction Prime Minister Narendra Modis ambitious vision of establishing Big 8 accounting firms globally, along with nurturing four major Indian accounting firms, has garnered attention and sparked discussions. However, as time passes, it becomes increasingly apparent that the dream is facing

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About the Author

Karan Khatri

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Hey there! Im Karan Khatri and Im thrilled to be part of the CA Community on CAclubindia.com. Let me give you a glimpse into my professional journey and how I can contribute to this vibrant community. First and foremost, Im currently working full-time in my fathers filter bag business called Chemi Filters (India). W ... Read more

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