Dr. Ankit Shah Reveals How India Can Become A Global Economic Force!

Paglalarawan

Join this channel to get access to perks: https://www.youtube.com/channel/UCEDFiAM_HUj1W3P_lweF1mQ/join ------------------------------------------------------------------------------------------------------------------------------- Follow Anvikshiki on Socials: 🔗Youtube : https://Youtube.com/@AnvikshikiWithSatvik 🔗Instagram: https://www.instagram.com/anvikshikiwithsatvik 🔗Twitter/X: https://x.com/Anvikshikiii 🔗Facebook: https://www.facebook.com/profile.php/?id=100092635723658 ------------------------------------------------------------------------------------------------------------------------------- Follow Ankit Shah Ji on Socials: 🔗Youtube : https://youtube.com/@Dr_Ankit_Shah?si=sWeYkYTEkZWsI8hT 🔗Instagram: https://www.instagram.com/dr_ankit_shah/ 🔗Twitter/X: https://twitter.com/ankitatiima ------------------------------------------------------------------------------------------------------------------------------- The discussion explores why India has yet to establish its own version of the global "Big Four" accounting and consulting firms (PwC, Deloitte, EY, KPMG), despite having a large talent pool and growing economy. A key challenge highlighted is the fragmented nature of Indian chartered accountancy firms—over 97% operate with fewer than five partners. This results in an individualistic approach, lack of collaboration, and absence of specialization needed to compete globally. Currently, most Indian firms depend heavily on statutory audits and tax filings, with limited focus on consulting and strategic services. The regulatory environment further restricts branding, networking, and partnerships with international bodies, limiting Indian firms’ ability to scale and innovate. Additionally, there's a deep-rooted mindset issue—many professionals prioritize running solo rather than building unified, multidisciplinary organizations. To build globally competitive firms, the conversation outlines a step-by-step framework: develop original ideas, build support systems, establish global standards, earn inter