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Grant Thornton offers best business advisory services for foreign and Indian companies. If you also want to do business in India, contact us!

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Business Consulting
Our business consulting specialists offer a comprehensive blend of strategic advisory services. We assess the business, industry, operating model, synergy, skill sets and vision of the organisation and recommend the way forward
Digital Natives
Unlock growth with Grant Thornton Bharat's Digital Natives solutions. Customised support for tech-driven companies in healthcare, gaming, and more.
Digital Transformation Services
Grant Thornton’s digital transformation services help traditional businesses digitalise their business models with cloud technology, IoT consulting, app development and more DigiTech solutions.
Finance Transformation
Using a holistic approach, integrating digitalisation and digital transformation we help clients achieve transparency, control, governance, and faster decision making through real-time data within the business.
Human Capital Consulting
Our Human Capital Consulting team harnesses technology and industry expertise to assist in constructing adaptable organisations with transparency, fostering productive and value-driven workforces, and inspiring employees to engage meaningfully in their tasks.
Production Linked Incentive Scheme
Production-linked Incentive Scheme by the Indian government is aimed at boosting manufacturing. Grant Thornton Bharat offers varied services across sectors to help businesses avail of this scheme.
Public Sector Advisory
Our Public Sector Advisory team has focused streams, aligned with the core priorities of the Government of India. We are responsible for providing innovative and customized technical and managerial solutions.
Tech Advisory
We have amalgamated Digital Transformation, IT Advisory & Information Management and Analytics into a new offering, DigiTech.

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For the first time, plans to create India's own globally competitive CA firms has moved from headlines to action.

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| 3 min read | 26 Jun 2025

Tax, Regulatory & Finance Consulting

Tax advisory and advisory services in India by Grant Thornton aim to help businesses of all sizes to formulate and implement effective strategies to optimize...

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Direct Tax services
Our tax specialists offer a comprehensive blend of tax services, tax litigation, regulatory and compliance services, helping you navigate through complex business matters.
Indirect Tax Services
Get tax services by leading tax firm Grant Thornton India. Our indirect tax services include consulting, compliance and litigation services for corporate, international and transaction tax
Transfer pricing services
Our transfer pricing services experts provide a range of services from provision of APA services to handling large global assignments including Country by Country reporting.
US Tax
At Grant Thornton, we help individuals and dynamic companies deal with US tax laws, which are one of the most complicated tax legislations across the world.
Financial Services - Tax
Best financial advisory services, tailored for small and large businesses by the experts having comprehensive knowledge of domestic laws and access to multifaceted tools to provide a valuable results.
Financial Reporting consulting services
Our experts have significant hands-on experience in providing IFRS/US GAAP services, end-to-end solutions and support services to fulfil financial reporting requirements.
Fund accounting and financial reporting
International operations often lack standardisation and have varied local reporting formats and requirements. Our experts can offer proactive insights, practical guidance, and positive progress and help meet regulatory timeframes.
Compliance and Secretarial Services
Our experts can assist in overhauling the entire compliance machinery of the organisation through evaluation of the applicable statutory obligations, monitoring of adequate governance controls, reporting and providing ongoing support.
Global People Solutions
As businesses transcend borders, both domestic and global considerations need equal attention. Our interim CFO and financial controller support services help organisations meet the business vision.
Finance and accounting outsourcing
Our accounting experts assist organisations in managing their accounting and reporting. Our dedicated Integrated Knowledge and Capability Centre (IKCC), allows us to service both the domestic and global markets efficiently and cost-effectively
Compliance Management System
We have automation solutions for you that will allow meeting government requirements and remain diligent, which when failed, can lead to penalties and loss in revenue.
Global compliance and reporting solutions
At Grant Thornton Bharat, we meet the challenges of our clients and help them unlock their potential for growth. Our professionals offer solutions tailored to meet our clients’ global accounting and statutory reporting requirements. With first-hand experience of local reporting requirements in more than 145+ locations worldwide, we provide seamless and consistent international service delivery through a single point of contact.
Related-party transaction governance
Related-party transactions (RPTs) are common in business structures where organisations engage with their group entities, such as holding companies, subsidiaries, associate concerns, joint ventures, or key management personnel, for various operational or financial purposes.
Family Offices & Private Client Services
Grant Thornton Bharat Private Client Services offers tailored advisory for family-owned businesses, focusing on governance, compliance, tax, succession planning, and family office structuring to sustain wealth and preserve legacies across generations.
GTMitra: Tax & Regulatory Tool
GTMitra, a specialised tax and regulatory tool by Grant Thornton Bharat, supports multinational businesses in understanding laws and regulations for effective growth strategies.
Labour codes
Labour codes solutions help you transition through the new legislation. At Grant Thornton, we help businesses divide their approach to make sure a smooth transition.
Alerts
At Grant Thornton India, with the help of our tax alerts, we help to provide updates on how to minimise your tax exposure and risks.
Unlocking opportunities: India investment roadmap
The India Investment Roadmap resource is designed to navigate the complexities of Indian tax and regulatory laws, providing seamless guidance and a comprehensive set of solutions to ensure a smooth process for investors aiming to establish or expand their presence in India.
CFO Solutions
Our comprehensive suite of solutions for CFOs

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Article Goods and Services Tax on luxury goods: A step toward equity or a tax maze in the making?

Eight years after the rollout of India’s Goods and Services Tax (GST), the country’s most ambitious tax reform continues to evolve. Introduced in July 2017 with the vision of “One Nation, One Tax,” the GST aimed to simplify and unify India’s indirect tax landscape.

| 4 min read | 30 Jun 2025

ESG & Risk Consulting

Grant Thornton Bharat ESG and Risk Consulting provides expert governance, IT security, and forensic services, ensuring robust processes and controls for...

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Cyber
In today’s time, businesses have gone through large transformation initiatives such as adoption of digital technologies, transition to cloud, use of advanced technologies et al.
Risk Optimisation
Our Governance, Risk and Operations (GRO) services encompass Internal Audit, Enterprise Risk Management, Internal Financial Controls, IT advisory, Standard Operating Procedures and other services.
Risk analytics
Grant Thornton Bharat’s CLEARR Insights is a state-of-the art data analytics platform that will help you in seamless data analysis and efficient decision-making.
Forensic & Investigation Services
The team of forensic advisory services experts consists of the best intelligence corporate experts, and fraud risk, computer forensic experts to deliver most effective solutions to dynamic Indian businesses.
ESG consulting
Grant Thornton Bharat offers holistic ESG consulting solutions for sustainable business outcomes. With industry expertise and AI technology, we drive long-term value.

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Article Advance your ESG goals by migrating to the cloud: A Future-ready strategy

As businesses face increasing pressure to meet their Environmental, Social and Governance (ESG) goals, adopting cloud technology has become more than just a technical upgrade — it is a key strategic enabler for sustainable growth and stronger ESG performance.

Aniruddha Chakrabarti

| 5 min read | 13 May 2025

Deals Consulting

Supporting you to grow your business profitably through our partner-led deals service.

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Transaction Tax Services
Our transaction tax experts understand your business, anticipate your needs and come up with robust tax solutions that help you achieve business objectives ensuring compliance and efficiency
Deal Advisory
Unlike other M&A advisory firm in India, we offer deal advisory services and work exclusively with controlled and well-designed strategies to help businesses grow, expand and create value.
Due Diligence
Grant Thornton’s financial due diligence services are aimed at corporate looking for mergers and acquisitions, private equity firms evaluating investments and businesses/promoters considering sale/divestment.
Valuations
As one of the leading valuation consultants in India, Grant Thornton specializes in all the aspects of the process like business valuation services, financial reporting, tax issues, etc.
Overseas Listing
Overseas listing presents a perfect platform for mid-sized Indian companies with global ambitions. Grant Thornton’s team of experts in listings, work closely with clients during all stages.
Debt & Special Situations Solutions
Grant Thornton Bharat offers specialist debt and special situations consulting services, including restructuring, insolvency, and asset tracing solutions.

Assurance Services

Grant Thornton Bharat offers tailored assurance and auditing services in India, ensuring NFRA compliance, sector expertise, and risk-based audits for credible...

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Financial Reporting Advisory Services
Grant Thornton Bharat Financial Reporting Advisory Services offer end-to-end solutions for complex financial requirements, including GAAP conversions, IPO support, and hedge accounting advisory, ensuring accurate financial reporting and compliance.
Financial Statement Audit and Attestation Services
Grant Thornton Bharat offers customised financial statement audit and attestation services, ensuring impeccable quality and compliance with global standards. Our partner-led approach, technical expertise, and market credibility ensure effective solutions for your business needs.

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Thought leadership Quarterly GAAP Bulletin – April 2025

The latest edition of the Quarterly GAAP Bulletin summarises significant accounting, auditing and regulatory updates, compiled to meet the needs of dynamic Indian businesses and focuses on key developments in India and across the globe.

01 May 2025

Global Delivery Services

Grant Thornton’s Global Delivery Services works to provide innovative multi-disciplinary solutions across service lines and expertise areas, with a global...

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Global Capability Centres

GCCs have evolved from cost-saving units to strategic hubs for innovation, digital transformation, and enterprise excellence.

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Industries

Helping you shape the future of your industry

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Agriculture

We offer top-tier agriculture consulting services, tackling challenges and driving growth in India's agri-industry. Discover our expert solutions now.

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02 Apr 2025
Article Why India’s financial inclusion journey needs to focus on equity and access to credit
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The economy of Kerala is primarily driven by the services sector, which contributes 66% to the Gross State Domestic Product (GSDP).

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Article Economic Survey 2024-25: Deregulation, investment and innovation for a Viksit Bharat
India's economic growth remains for a steady trajectory with real GDP expected to grow at 6.4% in FY25 and in the range of 6.3%-6.8% in FY26, reflecting resilience despite global uncertainties.

31 Jan 2025

Asset management

We delivers tailored asset management consulting, from governance to technology transformation, enhancing growth and compliance.

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Automotive and EV

We offers expert automotive consulting for building better mobility businesses, navigating EV transitions, and staying ahead globally.

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Aviation

Elevate your aviation business with expert consulting services. From strategy to implementation, we guide you towards success in a dynamic industry.

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Banking

We offers expert banking consulting services, including regulatory compliance, risk management, governance, and transformation solutions.

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Education and ed-tech

Elevate your education sector with expert consulting services. Navigate challenges, innovate, and achieve excellence with our guidance.

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Energy & Renewables

Elevate your energy sector with our expert renewable consulting services. We guide you towards sustainable solutions for a brighter future.

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Engineering & industrial products

Our engineering consulting empowers firms with digitization, strategy, and market insights for sustainable growth.

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Fintech

We specialize in fintech consulting services, offering tailored solutions for industry challenges like risk management, regulatory compliance, and finance...

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FMCG & consumer goods

Explore our consumer goods consulting services, covering direct-to-consumer strategies, supply chain optimization, and shop floor transformation.

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Food processing

Elevate your food processing industry with expert consulting. Unlock growth, minimize waste, and drive economic prosperity for India's future.

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Gaming

Unlock new levels of success in the gaming industry with Grant Thornton Bharat. Expert gaming consulting, regulatory compliance, tax advisory, and deals...

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Healthcare

Grant Thornton Bharat healthcare consulting experts facilitating strategic planning, operational execution, and regulatory compliance for sustainable growth.

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Urban infrastructure

We offers infrastructure consulting to help cities build competitive advantage, mitigate risks, improve efficiency, and create flexible organizations.

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Insurance

Our experts provides comprehensive insurance consulting services, addressing complex challenges and opportunities in the evolving insurance landscape.

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Media

Our team of media and entertainment consulting experts crafts strategies and capabilities, empowering companies to adapt to today's industry trends.

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Medical devices

Unlock growth potential in India's medical device market with Grant Thornton Bharat expert consulting. Navigate regulations and innovate for success.

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Metals & Mining

We offers metals & mining consulting services to firms with digital integration, collaborative strategies & data-driven insights for growth.

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NBFC

Grant Thornton Bharat offers tailored strategic guidance, robust risk management, and innovative solutions for NBFCs, enhancing performance and compliance.

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Pharma, bio tech & life sciences

Navigate towards sustainable success in the health-outcomes-driven ecosystem with our Life Sciences consulting services.

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Real estate and REITs

Unlock growth opportunities by turning critical real estate issues into success with Grant thornton bharat expert real estate consulting services.

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Retail & E-commerce

Unlock bold visions for your online and e-commerce channels with Grant Thornton Bharat digital expertise and strategic guidance. Explore now.

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Specialty chemicals

We offers specialized chemical consulting services, leveraging advanced analytics for informed decisions. Enhance your industry advantage now!

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Sports

We provide sports consulting services that help organisations and governments, regardless of size, enhance their value through strategic planning, business...

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Technology

Elevate your business with custom tech solutions. Navigate challenges & seize growth opportunities with Grant Thornton Bharat technology consulting services.

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Telecom

Unlock growth potential in India's booming telecom market with Grant Thornton Bharat strategic consulting services. Trusted partners across the value chain.

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Transportation & logistics

We offers innovative transportation solutions, navigating industry changes for impactful results in a dynamic business landscape.

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Tourism & hospitality

Grant Thornton Bharat offers tourism consulting services, helping clients achieve competitive advantage in India's dynamic tourism and hospitality industry.

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Our global presence

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Are you seeking global opportunities? Whether it's establishing operations, enhancing capacities, or making acquisitions, we're here to help.

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India-UK

Global Indian Programme

Helping Global Indians with cross-border investment, expansion and mobility.

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Publication

Auto Bytes – May 2021

13 May 2021Less than a minute

The pandemic has resulted in a 20.77% y-o-y drop in CV sales during April 2020-March 2021

Contents

The commercial vehicle (CV) industry experienced the toughest periods in this decade due to cyclical and economic slowdown. In the last two years, regulatory changes in the axle-loading norms led to an increase in the freight carrying capacity of the sector, reducing incremental demand, especially in the medium and heavy commercial vehicle space.

Other challenges include:

Decline in sales due to the COVID-19 pandemic
The non-banking financial institution crisis
Transition to Bharat Stage-VI
Fall in demand as a result of the second wave of the pandemic

This edition of Auto Bytes features various challenges the industry is facing and ways to overcome these. Find out the top trends shaping the industry’s future in India.

Auto Bytes - May 2021

The pandemic has resulted in a 20.77% y-o-y drop in CV sales during April 2020-March 2021

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Auto Bytes – May 2021

Auto Bytes - May 2021

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