In the Indian automotive industry, there were 7 M&A deals announced in Q2 2023, worth a total value of $333.7m, according to GlobalData’s Deals Database. The $266.4m acquisition of siemens by siemens large drives india was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Automotive Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

In value terms, M&A activity in India decreased by 13% in Q2 2023 compared with the previous quarter’s total of $382.7m and rose by 114% as compared to Q2 2022. Related deal volume decreased by 56% in Q2 2023 versus the previous quarter and was 30% lower than in Q2 2022.

The top-ranked financial advisors supporting these M&A deals in India in Q2 2023 were ACP Capital Markets; Benchmark Investments; PricewaterhouseCoopers International with 1, 1, 1 deals respectively.

The top-ranked legal advisorss supporting these M&A deals in India Q2 2023 were J Sagar Associates; Cyril Amarchand Mangaldas; Khaitan & Co with 2, 1, 1 deals respectively.

For further understanding of GlobalData's Automotive Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.

This content was updated on 18 July 2023

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