In this episode of ‘Big Deal’, industry experts shared insights into the upcoming trends on the deal street for the year 2024. The discussion highlighted various positive factors that are expected to shape the M&A landscape in the coming months.
Akshay Chudasama, Managing Partner & Head of the Mumbai Office at Shardul Amarchand Mangaldas & Co, expressed optimism about the year ahead. According to him, 2024 is poised to be an interesting year for the M&A landscape, with favorable tailwinds.
“It's going to be a very, very interesting year. India is in a very sweet spot. Geopolitically, I think there's a lot of focus on us; we have got a lot of tailwinds favouring us. Also, given the fact that there's going to be a slowdown in capital markets, given that we are going into a general election, there's going to be a lot of M&A activity this year.”
He noted that despite a slightly subdued 2023 following the greatness of 2022, corporates now boast stronger balance sheets, indicating an expectation of increased M&A activity in 2024.
Vivek Soni, Partner and Leader of Private Equity at EY India, shed light on the buoyant state of capital markets. He mentioned the ample appetite for investments and the positive view of global asset managers towards the Indian market.
Soni highlighted that block deals are happening with minimal discounts, indicating the depth of the Indian capital market. In terms of fund allocation, India stands out as an attractive option.
Rahul Bhasin, Managing Partner at Baring Private Equity Partners, sees India's economic party continuing without any signs of slowing down. He emphasised that India stands out globally, especially since other parts of the world are facing challenges.
Read Here | 2023 witnesses record-breaking block deals, private equity & venture capital stole the spotlight
(Edited by : Ajay Vaishnav)
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