Also Read | How hunger came back to haunt IndiaM&A accounted for over 50% of the total deal value this year, while private equity (PE) activity kept pace with last year, recording investments worth $38.2 billion.Domestic consolidation continued to drive M&A activity in India, accounting for nearly 50% of the total deal value this year.
Given the volatility, uncertainty and complexity of the current times, PwC expects this trend to continue.“The lockdown in India severely impacted almost every sector.
Several discretionary consumer businesses in the retail sector struggled to stay above water, creating a number of consolidation and expansion opportunities.