Blitz Bureau
NEW DELHI: India’s mergers and acquisitions (M&A) activity remained strong in the first half of 2025, with total deal value touching $61.3 billion, reported IANS.
This marks a 50-per cent jump compared to the same period the previous year and is the highest first-half total since 2022, according to the latest India Investment Banking Review by LSEG.
The report also showed that the number of M&A transactions rose by 9 per cent, signalling continued market momentum. This growth was driven by domestic consolidation, energy transition efforts, and strategic portfolio realignments.
Financial sponsors played a key role, particularly in sectors like insurance, technology, and healthcare. Elaine Tan, Senior Manager at LSEG Deals Intelligence, said India’s M&A growth is being powered by a mix of factors, including the country’s push for renewables and structural changes in key sectors.
“Energy and Power led the way with $20.5 billion in deals – a more than 16-fold jump from last year,” she said. Investment banking fees from Indian operations reached $653.8 million in the first half of 2025, up 21 per cent from a year ago. Fees from equity capital market underwriting stood at $272.7 million.
