“Entering India and countering global competitor strategies seem to be the motives for large inbound transactions, and domestic consolidations for enabling operational efficiency appear to be the flavour for domestic transactions. Though in deal value terms, manufacturing and e-commerce contributed to 98% of the M&A transactions, deal volumes in startups, banking and financial services, IT and IT enabled services and pharma and healthcare sectors contributed to 54% of the deal volumes,”

Pankaj Chopda
Director, Grant Thornton India LLP

This article appeared in Fortune India on 29th June, 2018.