The background note highlights several barriers faced by Indian firms, including restrictions on multidisciplinary partnerships, a fragmented licensing framework, bans on advertising, and public procurement processes that favour international firms with global presence and high turnover. The initiative aims to create a framework that allows Indian consulting and auditing firms to grow and compete with international players. It seeks suggestions on necessary amendments to laws and regulations to address these issues and enable the growth of strong Indian firms with global reach. The comments/ feedback from stakeholders are invited.