Avik News Stories of Note

Thursday, October 27, 2005

A look at the top 10 search firms in India

Accord Group India: Founded by ABC Consultants' B.P. Agrawal, the search firm is affiliated to the Accord Group worldwide. In India, Accord has 20 consultants working on sectors such as consumer goods, retail, pharma, IT, media and manufacturing.

Amrop Group: This search firm started out in Delhi, and now operates out of Chennai and Mumbai, with four consultants who focus on sectors such as manufacturing, technology, outsourcing, financial services, infrastructure and telecom.

Egon Zehnder International: The top player in pure-play CXO level search, Egon completes 10 years in India this year. It operates out of Mumbai and Delhi with 23 consultants, and has just added private equity to its roster of industries served.

Executive Access: Hong Kong-based Executive Access set up shop in India in 1995, and is now looking at opening its sixth office in Hyderabad after the other metros. Boasts of 50 consultants, and has service lines covering a host of sectors including pharma, telecom, IT, financial services and retail.

Gilbert Tweed Associates: Set up in 1998 in Mumbai, it currently operates out of three offices, manned by 22 consultants. It has service lines in agro-processing, manufacturing, financial services, IT and KPO. It's looking to expand into retail and biotech.

Heidrick & Struggles: World #1, H&S came to India pretty late-in 2001. Its offices in Mumbai and Delhi have just five consultants covering sectors like aviation, financial services and real estate. It plans to hire consultants for media, consumer goods and IT.

Hunt Partners: An international firm with just one office in India, Hunt was set up locally by a breakaway faction from Horton International. Its three consultants focus on banking, financial services, FMCG, telecom and healthcare.

Korn Ferry International: A top three player globally, Korn Ferry came to India a year before Egon did. It has offices in Mumbai and Gurgaon, and has 22 consultants, three of them recently hired for consumer markets, industrial markets and IT.
Stanton Chase: Another global player, it's been in India for the last six years, and has 40 consultants catering to various industries such as pharma, financial services, IT and manufacturing.

Transearch India: Launched in 2004 by Atul Vohra and Uday Chawla after they broke away from Heidrick & Struggles, it has ramped up from 10 people in Gurgaon to 24, with offices in Mumbai and Bangalore. Media, automotive and insurance are some of the industries it focusses on.