Mercer has established an implemented consulting business in India, appointing Rashmi Mehrotra as head of the practice.
Based in Mumbai, Mehrotra already has two staff members working with her and plans to expand the team to include four people over the next month.
"This will be a local business and as such we are looking for local talent," Mehrotra said.
The practice will provide research on listed equities, opportunistic investments and infrastructure.
"Our clients will include private banks and wealth management firms in India. Our research will also be available to our global clients," Mehrotra said.
"Many of our clients around the world are interested in investment managers in India."
Four years ago Mehrotra helped establish Mercer's retail business in Australia.
Globally, Mercer's investment consulting business manages US$3.5 trillion ($3.8 trillion) and has offices in 35 countries.