• Growing at 45% year on year and expected to continue the trend
• IFRS, infrastructure and private equity to be a major focus area
• Launches Corporate alumni programme through an alumni website

October 1, 2008:

KPMG in India has been growing at 45% year on year and has embarked on a more sectoral focused markets based organization structure as it expects to continue this trend. KPMG in India has gained prominence in Financial Services, Real Estate, Information Technology, Private Equity and the Infrastructure sectors. Having helped a number of Indian companies access International Companies across the International Capital Market, the firm is focused on helping Indian Companies convert to IFRS, help infrastructure projects achieve their potential through public private partnership models and helping KPMG clients complete M&A transactions successfully.

Speaking on the occasion, Russell Parera, CEO, KPMG in India said, “Since our establishment in India in 1993, our journey has been nothing short of exciting. Starting out with a small team and core guiding principles, our modest beginnings have given way to significant growth- both in terms of size and industry prominence. Today we work with over 5000 national and international clients and operate from 7 Indian cities. We have over 3000 people across our service lines and sectors and we’re looking at crossing the 5,000 mark by 2010.”

The firm got a major boost with the announcement of its inclusion in the Global Board of Directors for KPMG International. KPMG in India will be one of the 25 members currently on the board.

While making the announcement Timothy P. Flynn, Global Chairman, KPMG International, said, “This anniversary is a significant milestone for KPMG in India. Around the world, our network of firms and our clients operate in a demanding and constantly-changing environment with rapid globalization, strong competitors, evolving regulations and an unprecedented focus on our profession. As India becomes an even more important player in the global economy, the role of KPMG in India also becomes more important. Every day, the 3,200 people of KPMG in India serve a number of India’s largest and most respected companies, invest their time and resources to community initiatives, and continue to make KPMG a great place to build a career.”

KPMG on the occasion of its 15th anniversary in India launched its Alumni program .On this occasion the firm has launched its corporate alumni programme through an alumni website that will connect all the existing employees to the alumni across the country. “We at KPMG consider former employees as valuable relationships that have delivered important contributions to our organisation in the past and can continue to do so in the future. Alumni are familiar with our organisation, culture, quality and services, in general have a positive perception of our organisation and are prepared to help us develop our activities, said Russell Parera.”

A series of other activities are planned across seven cities which include various corporate citizenship initiatives and internal competitions, etc.

About KPMG
KPMG is the global network of professional services firms of KPMG International. KPMG member firms provide audit, tax and advisory services through industry focused, talented professionals, who deliver value for the benefit of their clients and communities.

KPMG in India has offices in Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Kolkata and Pune and services over 5,000 international and national clients. The firms in India have access to more than 3,000 Indian and expatriate professionals.
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For further information contact:

Subir Moitra
Senior Manager - Marketing & Communications
KPMG
Mobile : +91 98111 99613
Email: smoitra@kpmg.com