Mergers and acquisitions involving Indian corporations could top $32 billion by the end of the year, reports say.
Experts say that with India’s elections behind them, investors are more proactive about launching merger deals. International firms, say reports, did not ignore India in recent years, but were more ambivalent in dealing with the nation for political reasons.
Now, with Prime Minister Modi in office, experts say businesses are ready to move full-force with new deals.
In the year’s April-through-June quarter alone, deals reached $13.4 billion – a figure making up 78 percent of all first-half acquisition value, reports say.
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