
July 03, 2024
PwC’s Analyst Day 2024, convened in Gurugram on 9 May 2024, marked a significant milestone in the journey towards business led digital transformation and innovation in India. The event, attended by analysts, business leaders and stakeholders, served as a platform to showcase PwC's thinking and capabilities aimed at propelling India’s growth journey to become a US$5 trillion economy.
Arnab Basu, Partner and Advisory Leader, PwC India, talked about the growth imperatives, key drivers and PwC’s commitment to India’s digital transformation and growth journey. Speaking to analysts from India and around the world, he spoke of the firm's initiatives that blend deep industry knowledge with innovative technology towards business model reinvention and drive economic growth. "Our focus is not only on making Indian clients fit for the future, but also drive transformative change, build trust in society with greater focus on cyber security and compliance and delivering value from the M&A ecosystem in India. We are invested in fostering a sustainable & digitally enabled ecosystem that supports India's long-term objectives."
Linus Lai, Vice President, IDC Asia/Pacific IT and Digital Business Services Research Group, shared “With eyes on India at the moment and the benefits from Digital India starting to take root in business culture and innovation, captains of the industries are leading the transition to data-driven digital enterprises. Excitement is also prevalent from [established] enterprises in India as they seek to reinvent their digital business models with PwC's help"
In a recent IDC Market Note, titled ‘PwC India Analyst Day 2024 - Shaping the Digital Vision of India Through Tech-Led Business Innovations’ (June 2024, IDC #AP50958224), the analysts state that “PwC India is showing to the rest of the world that it can create more value by consolidating and realigning its practices to serve customers better in this digital age.”
PwC is accelerating investments in talent, technology, and in the services it offers to clients around the globe — enabling them to move beyond optimisation, to identifying new sources of growth and finding ways to create value. It is deeply committed to the optimism lent by India’s meteoric rise on the global map, and together with PwC India, remains invested in contributing to that journey. The Analyst Day showcased PwC’s strategic priorities, including the integration of Global Capability Centres (GCCs) that leverage India as a hub of innovation and expertise. Discussions highlighted the importance of these centres in driving the development of advanced digital solutions across sectors such as healthcare, finance, and manufacturing.
PwC's commitment to India's growth reflects in its approach to nurturing robust collaborations and alliances that enhance their service offerings and reach. Keynote sessions covered the transformative power of emerging technologies like Generative AI, which PwC is harnessing to improve industry practices and enhance client engagements.
The event also emphasised the importance of cybersecurity, with PwC outlining their 'Secure by Design' strategies. These initiatives are critical in safeguarding India's digital advancements against emerging global threats, thereby ensuring the integrity and resilience of business operations.