India Incs M&A activities to get stronger

Mumbai, Aug 30 | Updated: Aug 31 2006, 05:30am hrs
Activities in the deal street for India Inc is expected to be further hotting up as companies would tend to consolidate their position to reap efficiency gain and taking the advantage of economies of scale. This was stated by Reserve Bank of India (RBI) in its annual report 2005-06.

Merger and acquisition activities are expected to remain strong in the coming years as the Indian corporate sector is likely to intensify efforts towards consolidation to reap efficiency gains and scale economies. Financial services, IT, pharma and manufacturing sectors are likely to see continued high levels of M&As.