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Tenders From Consultancy -> Fuelled by increased demand for consultancy services by domestic and foreign firms, the sector in India is projected to grow at an annual rate of 30 per cent to become Rs 17,000 crore industry. The consulting industry in India currently stands at Rs 13,000 crore. Rising opportunities due to a booming economy and growing demand for consultancy services would result in a 28-30 per cent growth in the sector that would touch over Rs 17,000 crore by 2010. There would be over 2.2 lakh people working in this field over the next three years in the 8500-9000 consultancy firms across the country. Professional competence, low cost structure, diverse capabilities and adaptability are the reasons why Indian consultants scoring over their global peers. The US, UK, Japan, China, Saudi Arabia and Gulf nations acknowledge India's consultancy firms. In the EU as well, demand for Indian consultancy firms is growing given the competitive edge of these firms over their counterparts in the ASEAN countries. Indian consultancy capabilities are strong in areas like civil engineering, telecom, power, metallurgy, chemical and computer software.



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