Vol. 3, Issue 4, Part K (2017)

Abstract
The evolution of management consultancy has been long and will most likely to contin-ue as the usage of information as a good will most likely rise in our society. When needing unbiased third-person opinions and information or help in other tasks than the company’s core competencies, external help such as management consultants can bring additional value due to their large network and information they have gained from working with other companies. They do not only recycle old ideas, but make their own tools and methods. Furthermore, the activities of consultants are very wide, which makes them suitable for many problems and occasions. The consultancy in India is picking up as a profession rendering valuable services on various fronts to the clients. Present study is a conceptual framework in this respect.