Press release from Business Wire India
Source: Deloitte
Wednesday, November 04, 2009 03:57 PM IST (10:27 AM GMT)
Editors: General: Consumer interest, Economy, People; Business: Banking & financial services, Business services, Financial Analyst, Media & entertainment
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Deloitte Global CEO Jim Quigley to Visit India from November 7th to 11th, 2009
New Delhi, Delhi, India, Wednesday, November 04, 2009 -- (Business Wire India) -- -- India visit preceded by Deloitte aggregate member firm revenue results underlining region's steady growth
-- To participate at 'The World Economic Forum' discussing India's contribution to cross border investment and sustainable global economic development
Deloitte today announced the visit of Mr. Jim Quigley, CEO Deloitte Touche Tohmatsu to India during November 7 - November 11, 2009. Mr. Quigley will be in India to participate in the World Economic Forum, India Economic Summit, 2009. The global professional services organization also announced its FY2009 aggregate member firm revenue results of US$26.1 billion, which represents local currency growth of 1 percent.
Preceding Mr. Quigley's visit, the aggregate firm revenue results underscores a critical role that India plays for the organization and plans to develop this priority market for future growth. "Achieving positive growth in this exceptionally difficult economic environment was the result of close attention to the needs of clients and a strong commitment to professional excellence by our member firm professionals," commented Mr. Jim Quigley, on the organization's FY2009 performance.
The Asia Pacific region had local currency growth of 7.6 percent and was the fastest-growing region for the fifth consecutive year. The Deloitte member firms in India, Australia, and Japan experienced local currency growth of 29.9 percent, 11.5 percent, and 11.3 percent, respectively.
For more information on the global earnings results please visit:
http://www.deloitte.com/view/en_GX/global/press/global-press-releases-en/press-release/bb5d37fa39e84210VgnVCM100000ba42f00aRCRD.htm
Addressing the World Economic Forum - India Economic Summit 2009
The principal theme for the 25th India Economic Summit is, "India's Next Generation of Growth". Against this backdrop, global leaders will debate and discuss the opportunities and challenges that both the current and future generations of India's leaders will need to address to shape India's future growth. Mr. Quigley will specifically discuss growth opportunities in the India economy, business confidence being displayed in the market and India's growing leadership role in the global economy.
Highlighting the importance of the India market Mr. Quigley, said, "As India continues its journey along the path of economic liberalization, as well as strengthening its leadership role in the development of a sustainable global economy, many opportunities and challenges will present themselves. Dialogue with Indian decision makers is a gateway to explore these, and I look forward to participating in what I am sure will be lively and productive discussions on a wide range of issues."
During the 2008 World Economic Forum in India, Mr. Quigley announced Deloitte's hiring plans for the India market. Mr. Quigley was co-chairman of the 2008 Forum.
Deloitte Touche Tohmatsu has been engaged with the World Economic Forum for more than 10 years and is actively involved in the Forum's endeavors at the global, regional and industry levels. Deloitte member firms contribute their expertise and resources to advance worldwide economic and social progress.
During his visit, Mr. Quigley will also engage with Indian business leaders through various Deloitte led platforms and industry events, where he will be sharing the organization's point of view on key issues for businesses globally in the wake of a global recovery. Mr. Quigley will be sharing Deloitte's plan to enhance integrated service delivery to clients during the current challenging economic environment, in particular how companies can be up-turn ready.
"Deloitte" is used in this release shall mean Deloitte Touche Tohmatsu India Private Limited (DTTIPL), which is a Company established under the Indian Companies Act, 1956, as amended, and a member firm of Deloitte Touche Tohmatsu.
Notes to the editor
Deloitte refers to one or more of Deloitte Touché Tohmatsu, a Swiss Verein, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touché Tohmatsu and its member firms.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 140 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte's more than 168,000 professionals are committed to becoming the standard of excellence.
This press release has been given by Deloitte Touche Tohmatsu India Private Limited (DTTIPL), a Company established under the Indian Companies Act, 1956, as amended. DTTIPL is a member firm of Deloitte Touche Tohmatsu.
CONTACT DETAILS
Malika Kumar, Manager, Corporate Communications, Deloitte, + 91 9899087649, malkumar@deloitte.com
Kruti Arora, Account Manager, 20:20 MEDIA, +91 9899671686, krutiarora@gmail.com
KEYWORDS
CONSUMER, ECONOMY, PEOPLE, BANKING, BUSINESS SERVICES, Financial Analyst, MEDIA
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