PwC to Start KPO Operations in India

PricewaterhouseCoopers (PwC) has announced its plans to open a Knowledge Process Outsourcing (KPO) center in the Eastern Indian metropolitan of Kolkata (Calcutta). The operations will mainly cater to PwC offices at various locations and would focus on servicing accounting and project management requirements.

PwC has also decided to open a training center to train professional accountants to cater to the offshored service requests. The company is looking at hiring around 1,000 accountants for the center. The center would initially begin by servicing insurance related requirements of PwC UK.

According to John Minards, Head - Assurance Services, PwC Midlands UK, the company decided to set up the operations in city not only because of the presence of qualified English speaking professionals, low cost of operations, infrastructure facilities but also because of the support extended by the local government to ITeS. The entire project is expected to cost around GBP 1.6 million.