TFS Gulf 
- Deloitte India is expanding its presence. Its newest stop? Indore, Madhya Pradesh.
- The tier-2 and tier-3 cities are fast becoming magnets for talent, capital, and innovation for Deloitte.
- It’s all part of Project Bharat, Deloitte’s bold mission to empower everyone from India’s family-run giants to fast-scaling MSMEs.
Deloitte India just opened its 16th office
Yep, you read that right. From metros to Middle India, Deloitte is going deeper into Bharat; one city at a time.
After Coimbatore, Bhubaneswar, and Lucknow, Indore is next on the map.
At the new Indore office, teams will cover everything, strategy, M&A, tax, risk advisory, assurance, and transformation services.
“We’re committed to working with businesses from emerging Indian cities to achieve their full potential,” says Nitin Kini, COO, Deloitte South Asia.
Why Indore, why now?
Indore’s industrial base is booming, IT, pharma, automobiles, textiles, food processing, you name it.
Plus, Madhya Pradesh’s new Industrial Promotion Policy 2025 makes expansion smoother than ever.
“This blend of legacy industries and emerging sectors makes Indore a future-ready economy,” adds Amit Jain, Deloitte India’s Lead Partner for the city.
Part of “Project Bharat”
It’s all part of Project Bharat. This is Deloitte’s strategy to work closely with family-run businesses, MSMEs, investors, and public institutions across India’s high-growth regions.
A hiring and talent strategy in motion
Remember when in December 2023, Romal Shetty declared Deloitte’s plans to hire an additional 40,000–50,000 professionals in the next 4–5 years.
The Big 4 currently employs over 120,000 people in India; nearly 25% of its global workforce.
Goal: Have 30% of Deloitte’s global workforce based out of India by 2028–2029.
So, to achieve this, Deloitte must tap smaller cities like Indore, where there’s a growing pool of skilled, cost-efficient talent.
To hit an ambitious revenue target
Deloitte India reportedly crossed ₹10,000 crore in revenue for fiscal 2023-24.
The firm is aiming for about ₹20,000 crore by 2027.
It has set a target to reach USD 5 billion (around ₹40,000 crore) in revenue from its India business by 2030.
India’s rise as Deloitte’s innovation hub
India is no longer seen as an “execution hub”, but as a global innovation and transformation center.
The firm has announced a ₹100 crore AI Centre of Excellence in India and an alliance with Embark (Embassy Group) to develop Global Capability Centres (GCCs).
Indore, as a smart city with an evolving digital infrastructure, supports this innovation-first narrative.
Also read: Deloitte’s Romal Shetty says: India’s next biggest job creator? GCCs
Wrapping up
By FY26, Deloitte wants to establish its offices in 18–20 cities in total.
The bottom line: Deloitte India is gearing up for a massive scale-up.
Where will it go next?
