“Big Four” auditor Ernst & Young (EY) will hire 2,000 employees in India to expand its digital solution services across blockchain, artificial intelligence (AI), automation and tax technologies. The news was first reported by English-language, Indian news outlet The Economic Times and posted to EY India’s official Twitter Nov. 23.
According to the Times, EY will be recruiting the new talent over the next three years, in parallel to its global plans to invest $1 billion in “new technologies, client services, innovation and the EY ecosystem” over a two fiscal year period, as of July 2018.
Ram Sarvepalli, leader of EY Advisory Services India and partner of EY Emerging Markets Centre, has contextualized the auditor’s bid to pursue blockchain and other bleeding-edge technologies in India as part of a wide-ranging digitalization and automation trend across both government and the private sector:
“There is significant capital available for new startups and big Indian companies are investing in digital [and] this is triggering a massive opportunity and the need for hiring digital talent […] [D]igital governance and citizen services are themes that almost every state is focusing on.”