India Inc sees 63% surge in deal value at $8.7 Bn

12 Sep 2024 CW Team

Private Equity (PE) deals had contributed 68% of the total deal volume, with seven high-value deals, each worth $100 million, collectively amounting to $1.7 billion, surpassing the previous month's total of seven deals valued at $1.4 billion. This activity had been seen as a reflection of a vibrant market, with investors showing confidence in India’s growth across various sectors, despite global economic uncertainties.

Shanthi Vijetha, Partner, Growth at Grant Thornton Bharat, had reportedly remarked that India’s ability to attract capital and foster innovation across critical industries had been clearly demonstrated. Vijetha had expressed expectations that strong interest would continue, with themes such as digitisation, cleantech, mobility, and aerospace and defense likely to remain in focus in the near future.

The telecom sector had led M&A values, largely due to Bharti Enterprises’ $4 billion acquisition of a 25% stake in British Telecom Group, which had been noted as the second-largest deal of the year. The BFSI sector had recorded the second-highest deal values and the third-highest volumes, with 29 deals worth $1.8 billion, driven by higher interest rates and strategic acquisitions, with fintech leading in terms of volumes.

The energy and renewables sector had seen strong deal activity, with five deals worth $518 million, reflecting India’s continued push towards energy transition and sustainability. Meanwhile, the retail and consumer segment had recorded 33 deals worth $458 million, with consumer services, e-commerce, and personal care driving activity, despite a slight decrease in deal values, according to the report.

India Inc had experienced a significant 63% increase in deal value for the month of August, reaching $8.7 billion, despite ongoing geopolitical challenges, according to a report released on Monday. The telecom, energy, and electric vehicle (EV) sectors had been the standout performers during this period. Excluding IPOs and Qualified Institutional Placements (QIPs), there had been a total of 179 deals, representing a modest 3% rise in overall volumes. Mergers and acquisitions (M&A) had dominated the landscape, accounting for 71% of the total deal value, as reported by the Grant Thornton Bharat Dealtracker. Private Equity (PE) deals had contributed 68% of the total deal volume, with seven high-value deals, each worth $100 million, collectively amounting to $1.7 billion, surpassing the previous month's total of seven deals valued at $1.4 billion. This activity had been seen as a reflection of a vibrant market, with investors showing confidence in India’s growth across various sectors, despite global economic uncertainties. Shanthi Vijetha, Partner, Growth at Grant Thornton Bharat, had reportedly remarked that India’s ability to attract capital and foster innovation across critical industries had been clearly demonstrated. Vijetha had expressed expectations that strong interest would continue, with themes such as digitisation, cleantech, mobility, and aerospace and defense likely to remain in focus in the near future. The telecom sector had led M&A values, largely due to Bharti Enterprises’ $4 billion acquisition of a 25% stake in British Telecom Group, which had been noted as the second-largest deal of the year. The BFSI sector had recorded the second-highest deal values and the third-highest volumes, with 29 deals worth $1.8 billion, driven by higher interest rates and strategic acquisitions, with fintech leading in terms of volumes. The energy and renewables sector had seen strong deal activity, with five deals worth $518 million, reflecting India’s continued push towards energy transition and sustainability. Meanwhile, the retail and consumer segment had recorded 33 deals worth $458 million, with consumer services, e-commerce, and personal care driving activity, despite a slight decrease in deal values, according to the report.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..