JPMorgan says global firms keen to grow in India via M&A, IPOs

Global companies are increasingly interested in expanding their presence in India through mergers and acquisitions (M&A) and initial public offerings (IPOs). According to JPMorgan Chase, India has become a key destination for deal-making, particularly in sectors like financial services and insurance. With India’s robust economic growth, many financial sponsors and private equity firms are actively participating in the buying and selling of businesses, contributing to a rise in M&A activity. Data indicates that India has seen a 28% increase in deal volume, reaching $77 billion in 2024, while IPOs alone have raised nearly $9 billion. The average annual M&A volume in India has doubled since 2011, now reaching $140 billion. This surge in cross-border investments is driven by both Indian companies acquiring capabilities abroad and global firms increasing their manufacturing footprint in India, signaling optimism for future growth.