New Delhi, Oct. 1 -- India's $10 billion consulting industry is witnessing a major shift as homegrown firms increasingly challenge global giants.

Traditionally dominated by multinational consultancies, the sector is seeing rapid growth of Indian players who combine local expertise with competitive pricing, making them an attractive choice for domestic clients.

These local consultancies are reshaping the market by focusing on India-specific needs such as regulatory frameworks, cultural factors, infrastructure gaps, and evolving business models.

With leaner structures and lower overhead costs, they can deliver customised solutions at affordable rates without compromising on quality.

This agility gives them an advantage in mid-scale proj...