Tom Spencer

Strategy and general business consulting firms in India

by Tom Spencer on December 14, 2008  Image Source

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This list of strategy and general business consulting firms forms part of the full list of consulting firms in India:

  1. McKinsey & Company
  2. Boston Consulting Group
  3. Bain Consulting India Pvt Ltd
  4. AT Kearney
  5. Accenture
  6. Tata Strategic Management Group
  7. A. F. Ferguson & Co.
  8. Arshiya International Ltd
  9. Deloitte
  10. KVP Business Solutions
  11. PRTM Management Consultants
  12. Madras Consultancy Group
  13. Noesis Strategic Consulting Services
  14. RAMMS
  15. Resonate Consulting Pvt Ltd
  16. Sampling Research
  17. Sathguru Management Consultants
  18. Technopak Advisors Pvt Ltd
  19. Vision Consulting
  20. Pristine Ventures
  21. Lakshy Management Consultant Pvt Ltd
  22. Synovate Business Consulting
  23. Breakthrough Management Group
  24. Axis Risk Consulting Services Pvt Ltd
  25. BMR & Associates
  26. Fractal Analytics
  27. Intellecap
  28. Denave India Pvt Ltd
  29. Axience
  30. MarketGate Consulting
  31. Qimpro Consultants Pvt Ltd
  32. i2m Management Services Pvt Ltd
  33. Avalon Consulting
  34. Global eProcure
  35. Innoversant Solutions

1. McKinsey & Company

Websitewww.mckinsey.com/locations/india

Founded in Chicago in 1926 and operating in India since 1993, McKinsey is the world’s most prestigious consulting firm and operates in 90 locations across 51 countries. In India, McKinsey has an office in Mumbai and Gurgaon (near New Delhi).

In India, McKinsey serves leading companies, nonprofits, and governments on issues ranging from enhancing operational efficiency to charting an India strategy.

2. Boston Consulting Group

Website: www.bcg.com

Founded in 1963 by Bruce Henderson and operating in India since 1996, BCG operates in 66 offices across 38 countries. In India, BCG has an office in Mumbai and New Delhi.

BCG is an international strategy and general management consulting firm. As a truly global firm, its strong global presence offers clients a wealth of cross-cultural experience.

3. Bain Consulting India Pvt Ltd

Website: www.bain.com

Founded in 1973 when Bill Bain and others left BCG to form Bain & Company, Bain operates in 38 offices across 25 countries. In India, BCG has an office in New Delhi.

Bain India works with a range of corporate and private equity clients and has experience across more than thirty industries.

4. AT Kearney

Website: www.atkearney.com

Founded in 1926, A.T. Kearney has offices in 34 countries around the world. In India, A.T. Kearney has an office in Mumbai and New Delhi.

A.T. Kearney is a global management consulting firm with a broad range of capabilities ranging from strategy through to implementation.

5. Accenture

Website: www.accenture.com/Countries/India

Founded in 1989 and operating in India since 1987, Accenture has offices and operations in more than 150 cities across the world. In India, Accenture has an office in Bangalore, Mumbai, Pune, Hyderabad, Chennai, New Delhi, Gurgaon and Noida.

Accenture is a global management consulting, technology services and outsourcing company.

6. Tata Strategic Management Group

Website: www.tsmg.com

Founded in 1991, Tata has headquarters in Mumbai.

Tata is a large management consulting firm with expertise in various areas including: telecom, chemicals, automobiles, retail, consumer products, power, IT, banking, financial services, healthcare, insurance, infrastructure and government.

7. A. F. Ferguson & Co.

Website: www.afferguson.com

Founded in 1893 as a firm of Chartered Accountants by Alexander Fletcher Ferguson, AFF’s management consultancy division was established in 1967. AFF has an office in Mumbai, Bangalore, Calcutta, Chennai, Hyderabad, New Delhi and Vadodara.

AFF provides a range of services including: business strategy, marketing, finance, business effectiveness, human resource management, and systems and IT solutions.

8. Arshiya International Ltd

Website: www.arshiyainternational.com

Arshiya has headquarters in Mumbai and has offices in 15 cities globally. In India, Arshiya has an office in Ahmedabad, New Delhi, Vadodara, Kolkata, Mumbai, Pune, Hyderabad, Bangalore and Chennai.

Arshiya provides knowledge driven solutions focused on the areas of innovative technology, business process outsourcing, supply chain, demand chain and financial flow management services.

9. Deloitte

Website: www.deloitte.com/view/en_IN/in/index.htm

Founded as an accountancy office in London in 1845, Deloitte has member firms in nearly 140 countries worldwide. In India, Deloitte has an office in Ahmedabad, Bangalore, Baroda, Chennai, Coimbatore, Goa, Hyderabad, Jamshedpur, Kochi, Kolkata, Mumbai, New Delhi, and Pune.

Deloitte offers a broad range of integrated services in the areas of audit and enterprise risk services, consulting, financial advisory, and tax.

10. KVP Business Solutions

Website: www.kvpcorp.com

KVP is based in Bangalore.

KVP works with global customers to optimize their cost of operations and increase revenues by providing consulting services for outsourcing and go-to-market strategies.

11. PRTM Management Consultants

Website: www.prtm.com

Founded in 1976, Pittiglio Rabin Todd & McGrath (PRTM) is a global management consulting firm, which has over 20 offices across the Americas, Europe and Asia. In India, PRTM operates through its Bangalore office.

PRTM works with companies to build operational capabilities, drive product innovation, expand into new markets, and facilitate brand management. PRTM also works with global corporations to identify and forge local partnerships. PRTM focuses on the Automotive, Aerospace, Industrial, Healthcare, Telecommunications, and FMCG industry sectors.

12. Madras Consultancy Group

Website: www.consultmcg.com

Founded in 1985, MCG is based in Chennai.

MCG provides marketing advisory services and assists clients to develop market entry strategies, conduct industry studies, and carry out B2B market research and feasibility studies.

13. Noesis Strategic Consulting Services

Website: www.noesis.in

Noesis is based in New Delhi.

Noesis provides consultancy and advisory services on public policy and regulatory issues, formulation of corporate social responsibility strategies, investment advice in relation to infrastructure, equity and hedge funds.

14. RAMMS

Website: www.ramms.co.in

Founded in 1991, RAMMS has an office in Bangalore, New Delhi, Mumbai, Chennai, Kolkatta and Secunderabad.

RAMMS is a leading retail solutions company. RAMMS is part of the MAA Group headquartered in Bangalore.

15. Resonate Consulting Pvt Ltd

Website: www.resonateconsulting.com

Resonate Consulting is based in Mumbai.

Resonate Consulting is a group of change management and organisation development consultants.

16. Sampling Research

Website: www.samplingresearch.com/web

Sampling Research is based in New Delhi and has an office in Hayward, California.

Sampling Research offers audit, consultancy, and training services in innovation management, IP rights, research and statistics, and HR development & training.

17. Sathguru Management Consultants

Website: www.sathguru.com

Founded in 1985, Sathguru has an office in Hyderabad and Dhaka.

Sathguru is organised in three divisions: management consulting, information technology, and capital markets. Areas of expertise include life sciences, financial services, hospitality & entertainment, retailing, infrastructure, and IT solutions.

18. Technopak Advisors Pvt Ltd

Website: www.technopak.com

Founded in 1995 as a joint venture partner of US based Kurt Salmon Associates, Technopak has an office in Gurgaon, Mumbai and Bangalore.

Technopak is an international consumer products services and solutions company.

19. Vision Consulting

Website: www.visionconsultingindia.com

Vision has an office in New Delhi, Riyadh and Kuala Lumpur.

Vision provides management, training & e-learning, IT, and certification & rating consultancy services.

20. Pristine Ventures

Website: www.pvindia.com

Pristine is based in New Delhi.

Pristine is a strategy consulting firm specialising in market entry and business strategy.

21. Lakshy Management Consultant Pvt Ltd

Website: www.lakshy.com

Lakshy has an office in Mumbai, Baroda, Delhi, Bangalore, Pune, Kolkata and Orissa. They also have an office in New York, Calgary and the Maldives.

Lakshy provides consulting services in the fields of quality management, marketing management, human resources management, finance & strategic management. Lakshy specializes in the ISO management system certification standards. Lakshy provides consulting services and training for achieving ISO 9001 Quality Management, ISO 14001 Environment Management, HACCP ISO 22000 Food Safety Management, OHSAS 18001, and SA 8000 Social Accountability.

22. Synovate Business Consulting

Website: www.synovate.com

Founded in 1994, Synovate has offices in Australia, Bangkok, Beijing, Hong Kong, Jakarta, Kuala Lumpur, Mumbai, New Delhi, Seoul, Shanghai, Singapore, Taipei and Tokyo.

Synovate provides market and competitive intelligence-based strategic advice to corporate clients in 22 Asia Pacific markets.

23. Breakthrough Management Group

Website: www.bmgindia.com

BMG India has its headquarters in Mumbai. BMG also has an office in Africa, Australia, China, Europe, Japan, Malaysia, Mexico, New Zealand, Taiwan, Thailand, Turkey and the United States.

BMG is a leading provider of training and consulting services including.

24. Axis Risk Consulting Services Pvt Ltd

Founded in 2004 as a joint venture between Axis and the Ambit RSM Group, Axis Risk Consulting Services has an office in New Delhi, Mumbai and Bangalore.

Axis Risk Consulting Services provides risk consulting services, tax advisory and assurance and corporate advisory services.

25. BMR & Associates

Website: www.bmrtax.com

BMR has offices in Delhi, Mumbai, Bangalore and Chennai.

BMR is a premier professional services firm that provides clients with tax and regulatory advice.

26. Fractal Analytics

Website: www.fractalanalytics.com

Fractal has an office in Jersey City, Singapore and Mumbai.

Fractal provides analytics services including: modelling and analysis, data management, and text mining.

27. Intellecap

Website: www.intellecap.com

Intellecap has an office in Mumbai and Hyderabad.

Intellecap is focused on the multiple bottom-line investment industry. Intellecap facilitates investment initiatives, incubates innovative businesses and provides expert advice to assist profitable and sustainable development.

28. Denave India Pvt Ltd

Website: www.denave.com

Founded in 1999, Denave has headquarters in New Delhi and also has an office in Pune, Nagpur, Cochin, Coimbatore, Hyderabad, Guwahati, Ahmedabad, Surat, Indore, Bhopal, Chandigarh, Ludhiana, Jaipur, Lucknow, Bangalore, Kolkata ,Mumbai, and Chennai.

Denave is a pan-Indian integrated business process design and restructuring organization that provides a host of services in the sales and marketing domain. Denave aims to make businesses more competitive in their markets through precise execution of analytical strategies, supplemented by cutting-edge technologies and processes.

29. Axience

Website: www.axience.com

Founded in 2007, Axience is based in Mumbai.

Axience is a specialized provider of services to the financial services industry combining high end financial analytics, modelling and data services with high quality business intelligence.

30. MarketGate Consulting

Website: www.market-gate.com

MarketGate is based in Mumbai.

MarketGate is a strategic business and marketing consulting firm, which aims to grow the brands of its clients with well executed winning strategies.

31. Qimpro Consultants Pvt Ltd

Website: www.qimpro.com

Founded in 1987, Qimpro is based in Mumbai and has conducted assignments in India, Thailand, Malaysia, Singapore, Indonesia, Iran, Pakistan, Sultanate of Oman and Kenya.

Qimpro has pioneered the quality movement in India through professional services that range from assessment to transformation management, and from training to coaching and facilitation.

32. i2m Management Services Pvt Ltd

Website: www.i2mservices.com

Founded in 2005, i2m is based in Mumbai.

i2m provides consulting and project management services including: capability development, project portfolio management, methodology development, and project support.

33. Avalon Consulting

Website: www.consultavalon.com

Founded in 1989, Avalon has an office in Mumbai, Chennai, and New Delhi.

Avalon is a strategy and management consulting firm. Avalon provides services including: customer relationship enhancement, corporate strategy, web strategy, performance improvement, financial engineering, biotechnology, and business research.

34. Global eProcure

Website: www.globaleprocure.com

Global eProcure has an office in Los Angeles, Washington DC, London, Prague, Shanghai, Mumbai and Hyderabad.

Global eProcure is a procurement transformation solutions company that provides the Sourcing and Procure-to-Pay (P2P) Software, consulting, and outsourcing services.

35. Innoversant Solutions

Website: www.innoversant.com

With over 30 years experience providing consulting services, Innoversant Solutions has its head office in Bangalore.

Innoversant Solutions is a boutique, multi-disciplinary management consulting firm assisting international and domestic businesses and economic development agencies. Innoversant Solutions provides various services, including Business Development and Marketing, Investment Attraction and Trade Promotion.  Innoversant Solutions is a member of several prestigious industry bodies including CII, TiE, and Indo-American Chamber of Commerce.

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{ 16 comments… read them below or add one }

Jack Ma 15 December 2008 at 11:54 am

Your information regarding Synovate Business Consulting is a bit outdated. Synovate Business Consulting has closed down its offices in Seoul, Bangkok, Jakarta, and Taiwan. In other locations Synovate Business Consulting has ailing offices probably waiting to close down.

Tom Spencer 15 December 2008 at 3:59 pm

Thanks for the update Jack. Where did you get your information?

My information is from the Synovate Business Consulting website, it must be outdated … I guess if they’re going out of business they have bigger things to worry about than updating their website.

Cheers,
Tom

Sowmithry 26 December 2008 at 9:04 pm

You may wish to add IDBI Capital Market Services Limited your list of consulting firms in India.
Its based out of Mumbai, India.

Please visit http://www.idbicapital.com for more information.

Cheers.
SP

Atul 6 January 2009 at 1:41 am

I do not see Corbus in the list here.You may wish to add them.They have been voted as one of the Top 3 Procurement outsourcing services company globally (black book of outsourcing) & amongst top 10 Procurement outsourcing service (FAO today).Both Aberdeen Group & Nelson Hall recognise them as one of the Top Strategic Professional Services & Outsourcing services providers.They also are the sponsors of Procurecon, one of the biggest Supply Chain event globally.
It has presence in US,India (Noida) & Europe.
Checkout http://www.corbus.com for more details.

Cheers
Atul

Allan S 6 January 2009 at 8:16 pm

Jack Ma is not correct, at least in terms of Thailand. Synovate Business Consulting does exist in Thailand and my company has used them for the past two years for several assignments. They are definitely still operating in Thailand and have offices at Sethiwan Tower in Silom. They have a Thai team led by an expat.

Either Jack Ma is completely wrong about Synovate Business Consulting in Thailand or I have been the victim of one of the most elaborate and bizarre hoaxes when I visited their office last month. Goes to show the power of the internet where people can post stuff that is simply not true!

Non Performing Assets 4 March 2009 at 10:58 pm

Thank you very much for sharing this one.These above listed consulting firms are very helpful to find good business financial advises and financial help.

Satyajit Dey 1 April 2009 at 7:46 am

Tom,

Only 2 words: Thank You!

Your thoughts have been very useful to me as well. I was looking for this list. Key information to me while searching an entry into the strategic consultancy. Now, I know who are the players in India.

I wish I could also be of any help to you in future.

Raj Kapoor 16 May 2009 at 4:34 pm

Your India list should include http://www.frost.com which has a large presence in India and is a lot better than Synovate Business Consulting in terms of workforce, ethics and India credentials.

Tom Spencer 17 May 2009 at 9:40 pm

Raj, thanks for the comment! I will update the list when I have one spare second.

Best Regards,
Tom

Dhavan Vinod 28 January 2010 at 9:39 pm

Tom,

There is a firm called STATINFO. They are becoming a good consultancy. I think you have need to consider them also.
Please visit http://www.statinfo.in

Prads 8 February 2010 at 5:53 am

Thanks a lot for the information. It is very useful.

Thom Mitchell 28 February 2010 at 9:07 pm

This is a very useful list. Thanks for creating it.

I have to say though, that I find it bizarre that a firm like Frost & Sullivan is using this type of forum to slag off the competition (Raj Kapoor posting). 2009 must have been a very bad year for Frost & Sullivan if they are having to resort to bad-mouthing their competitors. Very unprofessional and I wonder if their Chairman endorses this type of posting?

Where I come from, respectable consultants focus on their own strengths and avoid bad-mouthing individuals and groups. But, perhaps my ethical standards are old fashioned?

Vinay 7 June 2010 at 3:23 pm

Hello Mate,
This is very informative list,was just going through and thought i should request you to include our company name as well.
Just to make the context easier for you,i thought i should send the profile myself.You may consider it .”Tecnova India Pvt.Ltd. is a Management consulting firm who has been in business of consulting from year 1984.Tecnova India provides India entry strategy,Global Market Research,Consulting in Merger and Acquisitions,Post Entry services and Sourcing from India.Tecnova India is the only consulting firm in India who provides end to end services to its clients.Tecnova India has worked with more than 400 clients globally and has dealt with top fortune 1000 clients.Some of the client names are Perfetti,LOREAL,Schindler etc.
Website:www.tecnovaglobal.com.

A.Barua 23 June 2010 at 12:58 am

Thanks for the list. By the way, can anyone give me a brief up on the field of marketing consultancy. In this list there are a few like MarketGate. But how many are niche players in marketing consultancy. Plus, what could be the market size of only marketing consultancy (as against business consultancy where marketing consultancy may be included) in India.

Nagesh 8 July 2010 at 10:17 pm

Hello Tom,
This is a very informative list. thank u very much. Im a graduate with a bachelor’s degree in industrl engg. I am working with a software firm, TCS. But I want to be a business/strategic/management consultant. Could u plz help me out regarding the same.
Thanks and regards
Nagesh

Nikita 12 August 2010 at 1:11 am

the information is very useful indeed, but the name Universal Consulting is missing. please keep on updating the list.

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