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India M&As Overtook PE Activity In 2022, Deal Momentum To Continue In 2023

Biocon-Viatris Deal Largest

 
• By Vibha Ravi

India had a busy deals calendar in 2022, with companies led by Biocon striking large M&A deals while PE activity declined. Scrip pieced together data for infographics on these deals. A multitude of factors is expected to keep the momentum going in 2023

Dice with Deals images
Indian Pharma's M&A Activity Expected To Continue In 2023 • Source: Shutterstock

In 2022, Indian companies seem to have followed financial economist and investor Robert Haugen’s philosophy as they added missing bits, strengthened weak spots or built on their strengths for merger and acquisition (M&A) activity.

"In going directly to investment heaven, you build your portfolio as you would build a wonderful company through a merger and acquisition program

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