What is the India Consulting Market Size?
According to 6Wresearch internal database and industry insights, the India consulting market was valued at approximately USD 13 billion in 2024 and is projected to reach USD 24 billion by 2031, growing at a CAGR of 11%.
This growth is fueled by digital transformation, favorable government initiatives like Digital India and Startup India, and increasing demand for IT, management, and sustainability consulting.
Key Growth Factors of the India Consulting Market
- Accelerated adoption of digital and cloud-based solutions
- Rise in cybersecurity, data analytics, and AI-driven consulting
- Government policy support for startups and digitization
- Growth in foreign direct investment and global capability centers
- Increased demand from infrastructure, BFSI, and manufacturing sectors
India Consulting Market Trends
India consulting market is evolving with strong momentum in ESG advisory, cybersecurity solutions, and supply chain resilience strategies. Due to the increasing digitalization requirements, the demand of consulting services in terms of tech-driven approaches, such as cloud migration, ERP implementation, AI integration, and IT modernization is getting higher at an accelerated pace. Healthcare consulting, particularly in telemedicine infrastructure and regulatory compliance and digital patient engagement, is catching on as more money goes into health-tech. financial advisory too is picking up with fintech-related startups and MSMEs as well as compliance-oriented areas driving the demand. Moreover, the market is no more metro-centric; the Tier II and Tier III belts are experiencing a plethora of consulting activity because of the mushrooming of entrepreneurship, local manufacturing industries and state-sponsored policy changes. The rise of remote consulting models, gig-based expert networks, and platform-based delivery is further enhancing accessibility and scalability across sectors.
Major Consulting Sub-Sectors in India
- Management and strategy consulting
- IT/software and digital transformation advisory
- Healthcare and tele-consulting
- ESG and sustainability consulting
- Cybersecurity and risk advisory
Consulting Market Size in India: FAQs
The market was valued at USD 13 billion in 2024 and is projected to grow at an 11% CAGR, reaching around USD 24 billion by 2031.
IT/software and healthcare consulting are the fastest-growing, followed by ESG advisory.
Metro cities like Delhi, Mumbai, and Bangalore lead, but Tier II/III cities are witnessing rising demand.
Talent shortages, pricing pressure, and rising in-house capabilities among client organizations are key constraints.
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