India’s deal-making panorama witnessed a landmark 12 months in 2024, with a document 2,186 offers valued at $116 billion, marking a 33 per cent enhance in volumes and 76 per cent surge in values (year-over-year), a report confirmed on Tuesday.
Pushed by India’s standing because the fastest-growing G20 economic system, with a 7 per cent progress fee pushed by sturdy home demand, the nation’s deal-making exercise reached new heights, defying international financial uncertainty, and demonstrating the resilience of its economic system, in keeping with the Grant Thornton Bharat ‘Annual Dealtracker 2024’.
“As we stay up for 2025, we’re optimistic concerning the prospects for continued sturdy deal exercise, fuelled by authorities reforms, a secure economic system, and a thriving tech ecosystem, making India a sexy vacation spot for traders regardless of international uncertainties,” mentioned Shanthi Vijetha, Associate, Progress at Grant Thornton Bharat.
The mergers and acquisition panorama witnessed a record-breaking 12 months, with 683 offers valued at $44.1 billion, marking a 37 per cent enhance in volumes and a 75 per cent surge in values in comparison with the earlier 12 months.
Home consolidation drove progress, with 479 offers amounting to $23.5 billion, a 64 per cent enhance in values, led by Indian conglomerates equivalent to Adani Group, Aditya Birla Group and Nazara Applied sciences.
Outbound M&A additionally witnessed important progress, with 121 offers valuing $16.9 billion, pushed by two billion-dollar offers, in keeping with the report.
The non-public fairness panorama demonstrated resilience in 2024, with 1,298 offers elevating $31 billion, up from 1,046 offers valuing $27.4 billion in 2023.
The 12 months witnessed a 26 per cent rise in high-value offers (estimated at and over $100 million) and two billion-dollar offers.
The preliminary public choices (IPO) exercise reached unprecedented heights in 2024, defying international financial headwinds, with 86 listings elevating a document $21 billion, greater than triple the $6.2 billion raised in 2023, mentioned the report.