Accenture wins deal to ead Merger Integration Between AI
Mumbai, Sep 27 (UNI) Air India has appointed Accenture, a global management consulting, technology services and outsourcing company, to prepare a roadmap for the possible merger of the Indian Airlines with itself.
Accenture will team with Ambit Corporate Finance and Luthra&Luthra Law Offices to prepare a detailed plan for the possible merger.
If a merger proceeds, Accenture will assist the combined entity on its transition strategy for the next year, a release issued by Accenture said.
The team is charged with evaluating the benefits of merging India's two premier public sector airlines, developing a merger strategy including operational, regulatory, strategic and legal aspects, helping design the integration plan for the two organisations and supporting the combined entity throughout the post-merger integration phase.
''With increasing competitiveness in the airline industry, consolidation can help companies increase efficiency and scale and serve customers more effectively,'' said Sanjay Jain, Accenture's managing director for India.
''The key to realising these advantages, however, is planning for pre and post-merger activities and integration. Planning is the key to a successful merger.'' Accenture's cross-functional, cross-border team includes professionals with extensive experience in aviation, merger strategies, integration planning, organisation design, human capital development and working with public sector units, the release added.
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