You can be on Entrepreneur’s cover!

M&As Expected To Emerge As a Crucial Strategy In 2024 A recent report also says that merger and acquisition momentum is expected to remain steady in 2024 and beyond

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.


Despite global economic and geopolitical challenges, India's deals market is expected to remain steady, reflecting strong confidence from businesses and investors amidst a global economic slowdown, according to a recent report by Deloitte.

It adds that amidst significant global challenges posed by high interest rates, macroeconomic uncertainty, regulatory scrutiny, and geopolitical risks, India's mergers and acquisition (M&A) landscape stood resilient in 2023.

M&A momentum in 2024 and beyond

According to the report, the manufacturing sector, driven by automotive, is expected to spur the M&A activity with deal growth expected in auto-components and Electric Vehicles (EVs). "The government's proactive initiatives to promote clean energy are expected to catalyze a significant rise in M&A within the energy sector. M&A in the FS sector is anticipated to be driven by large-scale consolidations and responses to regulatory shifts," it says.

Further, PE is projected to remain consistent in 2024, while deal momentum is expected to revive post-2024, supported by flattening interest rates and recovering economic growth.

"The global challenges posed by high interest rates, macroeconomic uncertainty and geopolitical risks, that characterized 2023 are expected to continue into 2024 as well. While the global M&A market remains soft, Indian companies continue to be steered by a strong domestic economy. They may increasingly see M&A as a crucial strategy to help them expand, integrate supply chains and reinforce market positions," said Sumeet Salwan, Partner, Consulting, Deloitte India.

M&As in 2023

According to the report, M&A deal value in India reduced to US$136 billion in 2023 from US$186 billion in 2022. Financial Services and Technology, Media & Telecom (TMT) continues to be the top sectors driving M&A. Financial Services sector witnessed a 45 percent decline in deal value and 23% increase in deal volume from 2022. TMT sector encountered a 33 percent YoY reduction in deal value, while deal volume fell by 34 percent, it said.

It also added that overall cross-border deal value declined by 11% in 2023. However, Inbound deals saw significant growth, with their share increasing to 41 percent from 27 percent in 2022. Conversely, outbound M&A deal value experienced a notable 49% decline compared to 2022.

Entrepreneur Staff

Entrepreneur Staff


Business News

Adobe's Firefly Image Generator Was Partially Trained on AI Images From Midjourney, Other Rivals

Adobe gave bonus payments to people who contributed to the Adobe Stock database to train its AI, even those who submitted AI-generated images.


What the C-Suite Needs to Know About the True Power of Earned Media

Through debunking common misconceptions and illustrating its impact across the marketing sales funnel, this article urges C-suite members to embrace earned media as a key driver of sustainable growth and brand influence.

Business News

X Is Suddenly Prohibiting Users From Hiding Their Blue Checkmarks

Earlier this month, X gave blue checkmarks to accounts with over 2,500 verified users — regardless of whether or not they opted in.

Business Solutions

Get an Extra 20% Off the Price of Microsoft Office for Mac or Windows Through April 16

Boost your productivity with special pricing on these proven products.

Business Solutions

Skip the Business Equipment, Get Faxing and Scanning for Life for Just $60

Why spend money on equipment that will take up unnecessary space, when the same things can be done with your mobile devices?

Growing a Business

5 Ways to Maximize Your Returns at Live Conferences

Industry conferences can make or break your business, but careful planning is required to guarantee a return on your investment.