A report by CRISIL Ratings shows optimistic market sentiment as the tech industry in India, estimated at USD 254 billion, showed resilience in FY2024 achieving a 3.8 per cent year-on-year growth compared to 8.1 per cent in FY 2023.
Despite growth concerns, a modest FY2025 recovery is anticipated, with lingering challenges in H1 FY25 due to cautious spending. Demand revival is expected to be gradual, aided by conducive monetary policies and increased private capital expenditure targeting new markets and innovations.
The M&A activity experienced a notable resurgence, witnessing a significant 46 per cent rise in volumes and a remarkable 6x increase in values, resulting in a higher average ticket size of USD 11.3 million, up from USD 2.8 million in the previous quarter.
هذه القصة مأخوذة من طبعة April 28, 2024 من The Business Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة April 28, 2024 من The Business Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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