India Witnesses Record Deal Activity in February at $7.2 Billion

India's deal activity reached a record high in February 2025, with 226 mergers and acquisitions (M&A) and private equity (PE) deals worth $7.2 billion. This marks a 67% increase in deal volumes and a 5.4-fold rise in values compared to February 2024. Domestic deals dominated, accounting for 68% of M&A volumes and 78% of values. Notable transactions included ONGC-NTPC Green's $2.3 billion acquisition of Ayana Renewable Power and Torrent Group's $872 million acquisition of Irelia Sports. The surge reflects India's resilient deal landscape despite global economic uncertainties.

Source: Financial Times India