Accenture Weighs Sale of Its China Business

Global IT services company Accenture is reportedly exploring options to sell its China business, with JPMorgan assisting in evaluating potential opportunities. According to recent reports, the proposed sale could be valued at around $1.5 billion, equivalent to approximately ₹14,000 crore. Several private equity firms and a limited number of strategic buyers are said to be interested. However, Accenture has yet to officially confirm the reported sale plans. Strict data regulations in China are believed to be a possible factor behind the move. According to the company’s website, Accenture’s Greater China operations also include Hong Kong and Taiwan.

Separately, reports suggest that Accenture has introduced spending limits on employees’ access to Anthropic’s Claude AI services. From October 1, the company reportedly set a monthly limit of around ₹2,700 per employee for Claude Enterprise usage. Employees seeking additional access may need to submit a Work Breakdown Structure (WBS) identifying the project or team that will cover the extra costs. The reported restrictions come as Accenture expands its AI capabilities. CEO Julie Sweet has said the company increased its AI and data workforce from 40,000 to approximately 110,000 employees as it seeks to capture productivity gains and business opportunities created by artificial intelligence.