| | Roland Berger Strategy Consultants, one of the largest strategy consultancies in the world, and Tata Strategic Management Group (Tata Strategic), the largest Indian owned management consulting firm in South Asia, have entered in to an alliance to provide services in India and abroad
This alliance combines Tata Strategic’s unrivalled understanding of the Indian market with Roland Berger’s experience in international markets, to provide a complete range of services to clients in India and overseas. This is the first formalized cooperation between a major international | |
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| | strategy consulting firm and a domestic consultancy in India.
This alliance will enable both firms to offer Indian companies high-end services requiring specialized or international experience. The alliance will support international firms in their expansion plans in India and large Indian firms planning to develop in Europe, China and Japan. The two companies will also seek to jointly develop new markets, including West Asia, South-East Asia and Africa.
The Indian strategy consulting market is estimated at $250m and is expected to grow at | |
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| | 10-15% annually over the next three years despite the current economic downturn.
David Stern, UK Managing Partner at Roland Berger Strategy Consultants said in London: “This alliance enables us to offer world class strategy support for UK firms entering or expanding in the Indian market.”
Vincent Mercier, Member of Roland Berger Strategy Consultants Executive Committee and responsible for the cooperation, said in Mumbai: “Combining our global know-how with the local expertise of Tata Strategic will allow us to offer the best | |
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| | possible service to our clients. Despite the current economic crisis, India continues to demonstrate significant prospects both in the short and long term. We are confident that our global experience will add value for Tata Strategic and we are excited about the opportunities ahead.”
Raju Bhinge, CEO, Tata Strategic Management Group, said, “We are extremely pleased with the association with Roland Berger Strategy Consultants and are confident that the synergy will create significant opportunities. This alliance enables Tata Strategic to offer | |
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| | cutting-edge solutions to its India based customers and puts us on par with all the major management consulting firms operating in India.”
Combining the skills of Roland Berger and Tata Strategic will create a strong, unique consulting capability, which will leverage each firm’s attributes and expertise to work jointly on projects. The alliance will initially offer services to customers in three core practice areas - Automotive, Chemicals & Energy and Consumer Goods & Retail. | |
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