As part of entry strategy exercise, tax planning work of the Big Four firms have witnessed significant activity. Despite the challenges faced by the private equity (PE) industry on a global scale, India stood out with robust PE-VC (private equity-venture capital) investments totalling $61.6 billion in 2022.ĭeloitte India CEO Romal Shetty recently told ET, the firm has observed a surge in enquiries from global clients of Deloitte expressing their interest in ramping up investments in India. In fiscal year 2023, India attracted significant foreign direct investments amounting to nearly $71 billion, driven by initiatives like Make in India, the PLI schemes, and companies taking a strategic China+1 approach of diversifying supply chains, solidifying India's potential as an attractive investment destination. He added that India's positioning on the global stage continues to grow stronger - as a talent machine, a manufacturing hub, and an attractive market.