Indian Dealmaking Proves Resilient Despite Market Slump

India dealmaking remains resilient despite a weaker rupee and equity slump as transactions are driven by strategy rather than financial engineering. Rahul Saraf of Citi expects robust activity across healthcare consumer and technology sectors.

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Insights:

India's M&A deal value fell 19.4% to $95.5B this year, yet deal counts remain steady as strategy overrides financial engineering. That resilience persists despite a 6% currency drop and record foreign equity outflows of $32.56B. Investors are betting on long-term growth as consolidation sweeps through key industrial sectors.

Strategic Deals Drive Volume