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

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Infrastructure Energy

04 May 2026

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Infrastructure Urban

04 May 2026

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..