New Delhi, Oct 1 (NationPress) The deal-making landscape in India has soared to a remarkable three-year peak, with the reported deal value standing at $109.9 billion for the first three quarters of 2025, as highlighted in a recent report. According to the London Stock Exchange Group (LSEG), this represents a 72% increase compared to the previous year, marking the highest total for January to September since 2022.

The target India M&A activity reached $91.2 billion, reflecting a nearly 57% year-on-year (YoY) growth.

Domestic transactions surged by 81% to $63.8 billion, while inbound M&A rose to $27.4 billion, a 20% increase from the prior year.

Outbound acquisitions achieved a record high of $18 billion, marking a staggering 240% increase.

France emerged as the most active foreign acquirer in India, whereas Italy became the preferred destination for Indian outbound investments.

Elaine Tan, Senior Manager at LSEG Deals Intelligence, stated that India's increasing deal activity reflects companies' quest for scale, innovation, and market access both domestically and internationally.

“This trend is likely to continue throughout the year,” she emphasized.

The remarkable surge in deals was propelled by significant domestic restructurings, strategic outbound acquisitions, and robust inbound interest.

The Energy & Power sector led the charge, with deal value skyrocketing fourfold to an all-time high, bolstered by transactions such as the Siemens Energy India spin-off and Schneider Electric’s complete acquisition of its Indian operations.

Sectors such as Industrials and high technology nearly doubled in value from last year, driven by India’s expanding industrial base, consumer demand, and energy transformation.

Equity markets exhibited resilience despite a softer initial phase. Indian issuers raised $41 billion through equity capital markets in the first nine months of 2025, making it the second-largest year-to-date total since records began in 1980.

Initial Public Offerings (IPOs) were particularly strong, generating $10.8 billion – a 17.5% increase from last year, according to the report.

Investment banking fees in India reached $988.7 million, reflecting a 12% YoY increase. Fees from completed M&A advisory jumped by 66%, while syndicated lending rose by 40%.

The bond markets also witnessed unprecedented activity. Indian issuers generated $77.9 billion through bond offerings, which is a 16.5% increase from last year – the highest ever for the first nine months of any year.

Financials dominated with a 75% share, followed by energy and power, as well as government and agencies.