With investor confidence in the Indian market continuing to grow on the back of a resilient consumer base, stabilising economic indicators, manageable inflation and healthy industrial growth, the first quarter of calendar year 2024 (January-March) witnessed increased deal activity in the consumer and retail space with 102 deals at USD 1,748 million. This reflects positive outlook and that opportunities for investment are ripe, particularly in the food and beverages, FMCG, retail and digital growth sectors, the Grant Thornton Bharat Consumer and Retail Dealtracker report shows.
However, the consumer industry reported a decline in M&A activity compared to Q4 2023 with volumes declining to 14 deals from 17 deals in Q4 2023. This is potentially an outcome of the impending elections leading the businesses to adopt a cautious approach, coupled with sluggishness in consumer spending, leading to slow revenue growth.
Diese Geschichte stammt aus der April 20, 2024-Ausgabe von The Business Guardian.
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Diese Geschichte stammt aus der April 20, 2024-Ausgabe von The Business Guardian.
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