Archive · 19 Sep 2025
India Seeks Input on Indian MDP Firms to Boost Global Standing
The Indian government is working on a plan to help Indian companies that do auditing, accounting, and consulting grow bigger and compete with the biggest companies in the world.
They want to create groups of different types of experts working together, called MDP firms.
The government is asking for ideas on how to help Indian companies.
Some challenges they face are rules about advertising and restrictions on partnerships.
The goal is for Indian firms to handle more important work and become known worldwide.
They hope to get feedback to change the rules and help Indian companies do well.
The Corporate Affairs Ministry is seeking input on Indian MDP firms.
The global consulting and auditing industry is valued at approximately $240 billion.
Domestic firms face barriers due to structural and regulatory issues.
The government aims to help Indian firms compete globally.
The Ministry is seeking suggestions for law amendments and regulations.
- Who
- Corporate Affairs Ministry
- What
- Seeking suggestions for Indian Multi-Disciplinary Partnership (MDP) firms
- When
- September 19, 2025
- Where
- India
- Why
- To enhance global competitiveness of Indian firms
Challenges for Indian Firms
Government's Goals
Advertising and Marketing Bans
Challenges for Indian Firms
Indian firms face restrictions.
Government's Goals
Government wants to create globally competitive Indian firms.
Collaboration Restrictions
Challenges for Indian Firms
Rules limit multi-disciplinary partnerships.
Government's Goals
Focus on amending laws to support domestic MDPs.
- Initiative
- Establish Indian Multi-Disciplinary Partnership (MDP) firms
- Industry
- Consulting and Auditing
- Global Market Value
- $240 billion
- Government Action
- Inviting suggestions from stakeholders
- Key Issues
- Advertising restrictions, licensing, and collaboration limitations
