India’s rise as a Global Capability Centre (GCC) powerhouse is transforming the global accounting landscape, positioning the country as one of the world’s most dynamic hubs for finance and professional services talent, said Tony Sacre, President & CEO of Allinial Global — the world’s second-largest independent accounting association.
GCC Growth Driving Accounting Innovation
As New Delhi accelerates efforts to nurture homegrown, “Big Four”-style multi-disciplinary firms, the rapid expansion of GCCs across India has emerged as a key enabler of professional services growth.
Sacre noted that India’s strong talent pool, digital capabilities, and accounting expertise are addressing one of the industry’s most pressing global challenges — the shortage of skilled professionals.
“The accounting profession worldwide is facing a talent crunch. But India is arguably one of the solutions to that — if not the solution itself,” he said.
With hundreds of GCCs now delivering high-value finance, audit, and analytics services for global enterprises, India has become the go-to destination for accounting innovation and delivery excellence.
Allinial Global’s Role in a Shifting Landscape
Unlike the Big Four networks — Deloitte, PwC, KPMG, and EY — which operate under common methodologies and branding, Allinial Global connects independent accounting firms worldwide, combining local autonomy with global reach.
The association, which operates in 112 countries and reported $6.76 billion in FY25 revenue, currently has 12 Indian member firms, including KNAV, JP Chawla & Co, AVA Insights, BM Chathrath & Co, and Neeraj Bhagat & Co.
“Our model provides the ability to support clients wherever they operate, without conflicts,” Sacre said. “It’s about being locally independent yet globally connected — a principle that resonates strongly with India’s GCC model.”
The Rise of India’s Homegrown Professional Networks
Sacre believes India is well-positioned to develop its own “Big Four”-style challenger firms, supported by GCC-led capability development, tech adoption, and regulatory maturity.
“In a nuanced market like India, there’s a real possibility of an Indian version of the Big Four emerging,” he said.
He also emphasized that AI and technology will be growth catalysts — enhancing compliance and audit processes while keeping professional judgment at the core.
“Technology won’t replace people — it will become embedded in day-to-day operations,” Sacre added.
India: The Growth Engine of Global Accounting
With its young, tech-driven workforce, expanding GCC base, and deep domain expertise in accounting and finance, India is becoming the growth engine of the global accounting profession.
“It’s a real game changer,” Sacre concluded. “India’s innovation, energy, and capability-building ecosystem are reshaping how the global accounting world operates.”
About Allinial Global
Allinial Global is the world’s second-largest independent accounting association, connecting over 250 member firms across 112 countries. Its collaborative model empowers firms to deliver integrated, high-quality accounting, tax, and advisory services with both local insight and global reach.
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