Did Mergers and Acquisition Values Surge by 37% to $26 Billion in India for the January-September Period?
Synopsis
Key Takeaways
- M&A value in India grew by 37% to $26 billion.
- 649 transactions were completed in the first three quarters.
- Significant growth in mid-sized transactions.
- Strong performance in automotive and consumer products sectors.
- Positive investor sentiment and economic stability.
New Delhi, Nov 25 (NationPress) The M&A landscape in India showcased remarkable resilience in 2025, with a 37 percent increase in total mergers and acquisitions value during the January to September timeframe, reaching $26 billion across 649 transactions in the first three quarters, according to a report released on Tuesday.
This upward trend persists despite ongoing global economic volatility, reflecting robust investor confidence and positioning India as one of the most vibrant transaction markets globally, as highlighted in the report by EY India.
In the third quarter of 2025, the deal value saw a 19 percent sequential rise, with 280 M&A deals recorded, comprising 203 domestic transactions, 41 outbound, and 36 inbound deals.
The evolution of India’s deal market indicates strategic maturity, characterized by a notable increase in mid-sized transactions and sustained depth across key sectors, according to EY India.
Growth in this sector has been largely fueled by domestic consolidation and a strong policy framework, the report noted.
July 2025 was particularly remarkable, with $11.8 billion in deals largely driven by a surge in mid-sized transactions that compensated for the slowdown in mega-deals. The quarter recorded 53 significant deals valued at $100 million or more, with only two surpassing the billion-dollar threshold.
“Both private equity and M&A have rebounded from the previous quarter. India remains a well-positioned economy with robust GDP growth and manageable inflation, fostering a conducive environment for sustained deal activity,” commented Amit Khandelwal, Managing Partner for Strategy and Transactions at EY India and Africa.
With Indian corporations maintaining strong balance sheets, we anticipate an increase in cross-border opportunities, further enhancing India's standing in the global M&A landscape,” he added.
India’s economy continues to be well-placed, demonstrating strong GDP growth and controlled inflation, which supports consistent deal activity, according to Khandelwal.
The automotive sector led in terms of value, followed by the consumer products and retail sectors with $3.3 billion in transactions, while the life sciences sector recorded $2.5 billion across 46 deals.