India's M&A market expected to stay resilient despite market correction

Industry leaders feel that bear markets present great opportunities for buyers who look beyond short-term uncertainties

India’s mergers and acquisitions (M&A) landscape is poised to remain resilient despite the downturn in public markets, with private equity firms and strategic buyers seizing opportunities, industry leaders said.

 

In the first two months of CY2025, 554 deals worth $17.75 billion were announced as against 528 deals worth $12.51 billion in the same period last year.

 

“Typically, short-term market gyrations don’t have an impact on M&As as these are longer gestation projects,” said Manish Mehta, managing director and Co-CIO, Samara Capital.

 

He, however, acknowledged that sustained market weakness could make some sellers hesitant.

 

“We still think there will be enough