BDO India to set up BDO EDGE, an India-based GCC in Noida

BDO India to set up BDO EDGE, an India-based GCC in Noida

This GCC aims to hire 5000 professionals in next 3-4 years; Will be a JV between BDO arms of US, UK, Germany and India

BDO India, part of BDO global network of accounting and advisory firms, is setting up a Global Capability Centre at Noida in Uttar Pradesh under a newly formed entity by the name of BDO EDGE (Exceptional Delivery for Global Enterprises).

BDO EDGE, which is an India-based Global Capability Centre, has been formed through a joint venture of BDO member firms - in India, the United States, the United Kingdom and Germany. The collaboration brings together BDO firms in four of the top six world economies by GDP.

BDO EDGE, which is an independent member of the BDO network, is being established to amplify the capabilities and resources of member firms and their independent alliance programs.

Operating a round-the-clock service model, this GCC will aim to hire 5,000 professionals in next 3-4 years. 

“The launch of BDO EDGE is truly a remarkable moment for BDO, especially for us in India,” said Milind Kothari, Managing Partner, BDO India. “We are excited about this new venture, the synergies and capabilities it offers, and both the business and employment opportunities it creates through working together.”

BDO EDGE will provide tax, assurance, accounting, outsourcing, advisory and technology-led services, through highly qualified professionals in India, to BDO firms and their respective alliance programs. 

With the addition of BDO EDGE, there will be three independent BDO organisations in India—BDO India LLP, BDO EDGE and BDO RISE.

Wayne Berson, CEO of BDO USA, said “We are pleased to bring this strategic resourcing solution to the BDO network by establishing BDO EDGE in India. 

Source :- The Hindu Business Line