New Delhi, Oct. 14 -- What will it take for India to build its own marquee multi-service delivery firms in areas such as consulting, audit, advisory, compliance, and environmental, social and governance (ESG)?

That's the question the government is now exploring as it seeks to reduce reliance on foreign majors and tap into the country's vast talent pool to create Indian champions in professional services capable of rivalling the Big Four (EY, KPMG, Deloitte and PwC).

For decades, India has served as the world's back office and knowledge hub, but turning this comparative strength into competitive global dominance remains a formidable challenge.

Domestic dividend

Since the liberalisation reforms of the early 1990s, India's growth story h...