M&A sector witnesses a 40% increase in deal activity: PwC report

The Mergers and Acquisitions (M&A) sector in India has recorded a 40% increase in deal activities during FY21 despite the current wave of Omicron in India

February 16, 2022

During FY21, the Mergers & Acquisitions sector notched up US$114.9 billion with 2,604 transactions.

The deal activity saw a 60% hike in the deal volume as compared to FY21.

As per the PwC report, Indian CEOs are optimistic about prospects in the upcoming year.

Looking at the corporate side of things, the strategic shift to digital innovation and upcoming disruptive business models continues to drive M&A decision-making, said Dinesh Arora, Partner and Leader at PwC India.

The Mergers and Acquisitions (M&A) sector  in India has recorded a 40% increase in deal activities during FY21 despite the current wave of Omicron in India. During FY21, the sector had made US$114.9 billion with 2,604 transactions and a 60% hike considering the deal volume at that time, as per   the Price Waterhouse Cooper (PwC) report titled, “Deals in India: Annual review and outlook for 2022.”

Dinesh Arora, Partner and Leader at PwC India stated  “CEOs in India are significantly optimistic about the prospects for a stronger economy in the coming year. We therefore expect the momentum of deal activity to continue in 2022. On the corporate side, we expect the strategic shift to digital, innovative and new disruptive business models to continue to drive M&A decision-making.”