Mergers and acquisitions in India’s consumer sector cooled significantly in the second quarter, with deal values falling 34% quarter-on-quarter to $981 million.
Despite the drop in total value, the number of transactions remained relatively high at 97, indicating that buyers are prioritizing smaller, strategic acquisitions over large-scale takeovers.
This trend contrasts with the broader global landscape, where corporate consolidation is on pace to reach $4 trillion this year.
The data, released by Grant Thornton Bharat, highlights a shift in investor sentiment.
While global M&A activity has surged to record levels, driven by mega-deals in other regions, Indian consumer companies appear to be exercising greater caution.
The moderation in deal values suggests that firms are focusing on operational synergies and niche market entries rather than aggressive expansion.
This trend contrasts with the broader global landscape, where corporate consolidation is on pace to reach $4 trillion this year.