New Delhi, Jan 28 || India’s strategic mergers and acquisitions (M&A) deal value rose 42 per cent (year-on-year) to $113 billion in 2025, a new report showed on Wednesday.
The growth was driven primarily by robust domestic dealmaking, which accounted for 60 per cent of total deal value, alongside a sharp increase in inbound activity, up more than 300 per cent year on year. Foreign investors continued to target financial services and technology assets, according to Bain & Company in its report.
The report notes that India’s M&A activity was supported by stable macroeconomic fundamentals, favourable demographics, and cost competitiveness, contributing to increased domestic consolidation and inbound interest. Outbound deal value also rose 83 per cent (on-year) to $24 billion.
Meanwhile, global M&A is positioned to continue momentum in 2026 after rising 40 per cent to $4.9 trillion in 2025, the second-highest deal value on record, according to Bain & Company.
The survey of 300 M&A executives found that 80 per cent expect to sustain or increase deal activity in 2026. The environment is favourable, with improving macro conditions and a growing backlog of private equity and venture capital assets ready for exit.