Indian Outbound M&A Surge to Continue Till 2026, Driven by Strong Balance Sheets

• Indian companies' outbound M&A activity is projected to remain strong until 2026, building on a sharp rise to $16.84 billion in 2025, the highest in a decade.
• The M&A push is fueled by robust balance sheets, sophisticated financing options, and a strategic drive for global scale, technology access, and market entry.
• Transactions are expected to favor well-structured mid-market deals, with mega deals facing sensitivity to valuations, geopolitics, and currency fluctuations.
• Key drivers include acquiring IP, R&D capabilities, established brands, and supply chain de-risking, with sectors like automotive, tech, and life sciences active.
• Geopolitical factors, trade relations, and currency stability are critical swing factors influencing deal flow and execution, as per experts like Sonia Dasgupta and Preet Singh.

Why It Matters: Indian firms' outbound M&A is set for sustained growth, driven by financial strength and global ambition.