India Inc India Inc: Friday, 10 February 2017 05:17

India M&A deals to double by 2019

Consistent policy reforms will lead to more than doubling of inbound as well as domestic acquisitions into India, making India a global hotspot in the next three years, US-based law firm Baker McKenzie said in a report.

The Chicago-based firm which is present in 47 countries globally predicts that the total amount of merger and acquisition transactions in India, including domestic deals, will nearly triple to $49.3 billion in 2019, from $17.5 billion in 2016, before falling off to $38.8 billion in 2020.

The firm predicts that threats to the stability of the global economy will ease, which will spur deals the world over. Gary Seib, chair, Asia Pacific, Baker McKenzie, said: "As the US potentially becomes more inward looking and protectionist, and Europe deals with elections and Brexit negotiations, an increasing share of the growth in international trade and investment will by necessity come from intra-Asia Pacific activity.”

Baker McKenzie said Indian firms are betting big on African business, with energy, mining and infrastructure some of the sectors that have a high potential for Indian business in Africa.

India Investment Journal’ has been tracking this issue

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