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Global consultancy firm PwC will hire around 30,000 people in India in the next couple of years, company Chairman Bob Moritz said on Friday. In a panel discussion at the Global Business Summit organised by the Economic Times, he said India can be a supplier of that talent to the world, thanks to its technology advancements and the use of AI (artificial intelligence), which the rest of the world doesn't have that skill set. "So, today we've got about 31,000 people. Just so we're clear, and some of that's been reported on this, and our plan is to hire another 30,000 in the next couple of years. "That's the boldness," Moritz said when asked about the company's headcount in India. Schneider Electric Chairman & CEO Jean-Pascal Tricoire also said he was "super optimistic about India". "There is no other place in the world where we have invested most, more than in India over the past 20 years...India is today our third largest business in the world after the US and China," he ...
More than 82 per cent of business executives surveyed in India anticipate an increase in cybersecurity budgets in the coming year, according to a PwC report. The survey highlights that of all the risks affecting organisations, India respondents consider a catastrophic cyberattack, a resurgence of COVID-19 or a new health crisis, and a new geopolitical conflict among the top three risks. "Over 82 per cent of business executives in India foresee an increase in cybersecurity budgets in 2023," said the PwC survey. According to the survey, 89 per cent of Indian business executives say their organisations' cybersecurity team detected a significant cyberthreat to business and prevented it from affecting their operations, as against 70 per cent globally. "It also highlights that 83 per cent Indian business executives say their organisation's cybersecurity team has improved supply chain risk management," according to PwC release. The 'Global Digital Trust Insights' survey captured views o