I was in risk consulting/internal audit in EY India in Mumbai location.
Pros
Excellent work exposure right at the start. Lots of travel opportunities. From senior to lower management, all people are very approachable and helpful. You will almost always have some work. You will get to learn loads and loads and will always face some challenges somewhere. Strong clienteles. Excellent brand value which you will realise even more after you leave EY. Intelligent people around. Reasonably good pay masters. You will have less time available for fun activities but they do keep it. If you want to learn loads in a very short span of time then come to the Big 4s.
Cons
Too much work pressure, so sometimes people get frustrated and vent frustrations on others. Stress can be quite high. Reasonable amount of office politics. Competitive spirit is high. Pay rise not very impressive. Bonuses are just about fair. travelling can take toll on you after some time. Some projects require extensive travelling and staying away from home. Bosses can be harsh sometimes on you.