Thursday, 25 June

Thursday, 25 June2026

The Audit Illusion: Big Six Deepen Grip on India Inc

By TechShots Studio
The Audit Illusion: Big Six Deepen Grip on India Inc
A decade after India introduced mandatory auditor rotation to break market concentration, the country's largest firms have only grown more dominant. The "Big Six" networks—Deloitte, PwC, KPMG, EY, Grant Thornton, and BDO—now audit 66% of Nifty 500 companies, up from 65% last year. While corporations are forced to rotate their auditors, they are simply choosing from the same elite, highly consolidated pool.

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