RSM US to double India workforce in major expansion

The expansion will take place over the next three years.

RSM US LLP, the U.S. arm of UK-based accounting firm RSM, has announced plans to more than double its workforce in India over the next three years. The company aims to increase its employee count from the current 2,000 to 5,000, highlighting India’s growing importance as a talent hub for global firms.

The expansion plan includes an increase its India’s workforce from 2,000 to 5,000 employees. The expansion will take place over the next three years. Prasad Balakrishnan, India Principal of RSM US LLP, cited the tremendous talent base in India as the primary driver for expansion. He noted a significant improvement in talent quality over the past 10-15 years.

The company will create more roles in consulting, audit, and tax services along with customer efficiency. These positions will primarily cater to North American clients. RSM is the world’s sixth-largest accounting firm, competing with the Big Four as its rival. The U.S. arm currently employs 17,000 people globally, with 2,000 based in India.

India is transitioning from a low-cost back office location to a high-value innovation hub. This shift is attracting more multinational companies to set up local offices and increase hiring.

RSM’s expansion is part of its GCC growth strategy. GCCs in India are expected to contribute 2% of the country’s GDP by 2030, up from less than 1% currently.

This expansion by RSM US aligns with a broader trend of global companies leveraging India’s skilled workforce for high-value operations. As India continues to develop its talent pool, it’s likely to see more such investments from international firms in the coming years.