Deal activity in India jumps 40% to record high in 2021, shows data

Despite the headwinds from the pandemic and other looming uncertainties, deal activity in India witnessed a record high in 2021 and surpassed pre-Covid levels. Deal activity in CY21 reached $114.9 billion with 2,064 transactions, a 40% increase from CY20 in terms of value and 60% in terms of deal volume as per the PwC India report titled, “Deals in India: Annual review and outlook for 2022.”

Dinesh Arora, Partner & Leader – Deals, PwC India, said, “CEOs in India are significantly optimistic about the prospects for a stronger economy in the coming year. We therefore expect