MCLEAN, Va.--(EON: Enhanced Online News)--Rajesh Tripathi has joined Grant Thornton LLP as the national leader of the firm’s recently launched India Business Group (IBG), based in McLean, Va.
“His addition and the formation of the IBG reinforce the firm’s commitment to the region as well as our strategy of offering dynamic collaboration and truly integrated global solutions to clients with activities and operations in leading growth economies.”
The IBG is a collaborative initiative between the U.S. and India member firms of Grant Thornton International Ltd, offering services to U.S.-based clients with, or planning, Indian activities and operations. These services include corporate tax, individual income tax, transfer pricing, restructuring, mergers and acquisitions, and market entry investment strategies. The group will target major growing sectors in the Indian economy, including financial services, life sciences, technology, infrastructure, manufacturing, real estate, retail and telecommunications. The IBG will have a future focus on growing Indian-based companies with investment into the United States. Tripathi will lead a team of specialized subject matter experts from India and current and former U.S. secondees to India.
“Raj brings deep knowledge and experience of international business and tax issues to the firm, which will be integral to the group’s success,” said Jason Ramey, national managing partner of International Client Services at Grant Thornton LLP. “His addition and the formation of the IBG reinforce the firm’s commitment to the region as well as our strategy of offering dynamic collaboration and truly integrated global solutions to clients with activities and operations in leading growth economies.”
Despite the current global slowdown, India’s economy is among the largest in the world due to a number of factors, including growing domestic demand; a growing middle class with a strong purchasing power; a strong services sector with a large manpower base, where 65 percent of the total population is between the ages of 15 and 64; diversified natural resources; developing infrastructure; and policy support.
Tripathi has nearly 15 years of experience advising multinational clients on numerous Indian tax and business issues, including international tax outbound/inbound, tax treaties, corporate tax, restructuring and transfer pricing. He has extensive experience across various industries, including financial services, energy, private equity, real estate and technology.
Prior to joining Grant Thornton, he was a senior director in international corporate services at Alvarez & Marsal Taxand, LLC in Washington D.C., where he advised U.S. multinational companies on international tax cross-border issues in the context of planning, acquisition, structuring, repatriation, tax compliance and quantitative projects. He previously spent two years on secondment with KMPG India, providing U.S. international outbound/inbound tax advice to a diverse client base. He began his career in international tax at Ernst & Young in Chicago.
Tripathi received a master of laws degree from Chicago-Kent College of Law, a bachelor of laws degree from the University of Bombay-Government Law College and a bachelor of commerce degree in accounting from the University of Mumbai.
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