PwC launches new entity for backoffice work

Kolkata, July 9 (IANS) Auditing firm PricewaterhouseCoopers (PwC) India has launched a new entity for select backoffice operations in Kolkata alongwith PwC of Australia, Britain, Canada and the U.S.

‘PricewaterhouseCoopers Service Delivery Centre (Kolkata) is a joint venture between PwC of these countries and it has begun operation since July 1,’ Ambarish Dasgupta, PwC India Director said here Friday at a press meet.

The company plans to employ 2,000 by end of 2012 in the delivery centre. At present it is employing 600 professionals.

PwC in the city employs around 1,500 people and 5,000 across the country.

The delivery centre would execute analytics work in finance, which is common in all these countries.

However, the company did not divulge any details of the shareholding pattern and investment numbers.