After a bullish 2010,the value and volume of M&A deals involving Indian firms are expected to register positive growth in 2011,especially in sectors like infrastructure and services,global consultancy firm Deloitte has said.
“The overall M&A market is expected to be positive in 2011,in terms of both volumes and value of deals. The market is witnessing a positive trend,” Deloitte India’s Head (Financial Advisory),Avinash Gupta,said.
As per the latest estimates,merger and acquisition (M&A) deals announced by Indian Inc in 2010 were worth more than USD 55 billion and included a sizable number of multi-billion dollar transactions.
Gupta said the infrastructure,services,manufacturing,pharmaceuticals and life sciences sectors are likely to see positive M&A trends in 2011.
A lot of “inward interest” regarding possible deals in India could be seen this year,he added.