Crisil Reports Indian Companies Increasing Acquisitions for AI and Tech
· Business · Economic Times, Times of India, TechCrunch
Indian corporations are increasingly using mergers and acquisitions as a core strategic tool to scale operations and acquire artificial intelligence, enterprise technology, pharmaceuticals, and talent. According to Crisil Ratings, annual deal volumes have more than doubled since fiscal 2017 as firms seek capabilities that take longer to build organically. The ratings agency analyzed around 600 deals valued above Rs 500 crore each across 20 sectors, excluding financial services, infrastructure, private equity-led, and inbound transactions. Crisil managing director Subodh Rai noted that stronger corporate balance sheets, moderating capital expenditure, and lower leverage have supported the current M&A cycle. The median net debt-to-Ebitda among analyzed companies is estimated at 1.3 times in the last fiscal, down from 2.4 times in fiscal 2017.
Why it matters
The shift toward acquisitions allows Indian companies to rapidly integrate advanced technologies like artificial intelligence and strengthen their competitive market position.
Read the original report — Economic Times
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