India enters $100 billion club in M&A

For the first time in 2018 the Indian market witnessed, 1200 deals worth $110 billion or Rs.71,000 crore as per Grant Thorton’s(GT) annual Dealtracker. M&A transactions were at $90 bn and PE at $20 bn.
As per the GT report deals worth $ 60 billion were concluded in 2017, and $ 57 billion in 2016. This was an 80% jump over deal value in 2017.

The on-going capital market and regulatory reforms, constant amendments to reforms like GST, Real Estate Regulatory Authority(RERA), Insolvency and Bankruptcy Code (IBC), and concrete efforts to improve ease of doing business in India are signs of increasing depth and maturity, making the Indian markets more attractive. Furthermore, the surge in the M&A deal activities was mainly driven by the objectives of consolidating by expanding the market share, buying technology and diversifying market presence. Corporates improved their inorganic growth strategy through divestment of non-core assets, expanded into newer business segments, and hunted for bargain purchases following the introduction of IBC during 2018.
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