Until upto a couple of years back, the news that Indian companies having acquired

American-European entities was very rare. However, this scenario has taken a sudden U
turn. Nowadays, news of Indian Companies acquiring a foreign businesses are more
common than other way round.

Buoyant Indian Economy, extra cash with Indian corporates, Government policies and
newly found dynamism in Indian businessmen have all contributed to this new
acquisition trend. Indian companies are now aggressively looking at North American and
European markets to spread their wings and become the global players.

The Indian IT and ITES companies already have a strong presence in foreign markets,
however, other sectors are also now growing rapidly. The increasing engagement of the
Indian companies in the world markets, and particularly in the US, is not only an
indication of the maturity reached by Indian Industry but also the extent of their
participation in the overall globalization process.

Here are the top 10 acquisitions made by Indian companies worldwide:

Deal
Target Country
Acquirer value ($ Industry
Company targeted
ml)
Tata Steel Corus Group plc UK 12,000 Steel
Hindalco Novelis Canada 5,982 Steel
Daewoo
Videocon Electronics Korea 729 Electronics
Corp.
Dr.
Reddy’s Betapharm Germany 597 Pharmaceutical
Labs
Suzlon Energy Hansen Group Belgium 565 Energy
Kenya
HPCL Petroleum Kenya 500 Oil and Gas
Refinery Ltd.
Ranbaxy Labs Terapia SA Romania 324 Pharmaceutical
Tata Steel Natsteel Singapore 293 Steel
Videocon Thomson SA France 290 Electronics
VSNL Teleglobe Canada 239 Telecom

If you calculate top 10 deals itself account for nearly US $ 21,500 million. This is more
than double the amount involved in US companies’ acquisition of Indian
counterparts.Graphical representation of Indian outbound deals since 2000.
Have a look at some of the highlights of Indian Mergers and Acquisitions scenario
as it stands (Source: http://ibef.org)

Indian outbound deals, which were valued at US$ 0.7 billion in 2000-01, increased to
US$ 4.3 billion in 2005, and further crossed US$ 15 billion-mark in 2006. In fact, 2006
will be remembered in India’s corporate history as a year when Indian companies
covered a lot of new ground. They went shopping across the globe and acquired a number
of strategically significant companies. This comprised 60 per cent of the total mergers
and acquisitions (M&A) activity in India in 2006. And almost 99 per cent of
acquisitions were made with cash payments.

Mergers and Acquisitions

The total M&A deals for the year during January-May 2007 have been 287 with a value
of US$ 47.37 billion. Of these, the total outbound cross border deals have been 102
with a value of US$ 28.19 billion, representing 59.5 per cent of the total M&A activity
in India.

The total M&A deals for the period January-February 2007 have been 102 with a
value of US$ 36.8 billion. Of these, the total outbound cross border deals have been 40
with a value of US$ 21 billion.

There were 111 M&A deals with a total value of about US$ 6.12 billion in March and
April 2007. Of these, the number of outbound cross border deals was 32 with a value of
US$ 3.41 billion.

There were 74 M&A deals with a total value of about US$ 4.37 billion in May 2007. Of
these, the number of outbound cross border deals was 30 with a value of US$ 3.79
billion.

The sectors attracting investments by Corporate India include metals, pharmaceuticals,

industrial goods, automotive components, beverages, cosmetics and energy in
manufacturing; and mobile communications, software and financial services in services,
with pharmaceuticals, IT and energy being the prominent ones among these.

Related posts:

1. Amongst BRIC Nations, India second most targeted country for Mergers &
Acquisitions
2. Mergers & Acquisitions back with a Bang – Telecom Sector leads…
3. Would 2010 be the year of Acquisitions ?
4. Mega Acquisitions by Indian companies changing brand India !
5. Mergers and Acquisitions fall sharply, but PE activity grows

Author: Arun Prabhudesai

Arun Prabhudesai is founder / chief editor at trak.in. He jumped the

Entrepreneurship bandwagon in early 2008 after a long 13 year stint in
I.T Industry. You can follow him on twitter @trakin or get in touch with
him at admin-at-trak-dot-in or 91.9822575676.

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ashutosh tripathi December 30, 2007 at 9:57 am

hi,this was a great and important information which we get from u and want much
more information from you, rather from else so we decide that we want to join
your community to get much more info. so plz provide complete information
about indian indutry merger and acquistion globalization…………. thanks to you
Reply

2 gautam kumar March 7, 2008 at 3:22 pm

Indian merger & acquisition are going to have a impact on the whole world.Its
effectiveness can be sensed and future of Indian market is looking bright.

Thank you

Reply

3 nitin bali March 14, 2008 at 8:16 am

hi…being an MBA student its a very knowledgble thing….specially indis diong

great in the feild of business…these mergers are not just making the CEO’s of
these companies powerful instead it is helping india to become a business ace.

Reply

4 raksha khetan May 20, 2008 at 7:44 am

hi.itz gud to see that indians are makin great deals thruout the world.i m preparing
for mba this information helped me a lot.

Reply

5 pankaj June 9, 2008 at 12:14 am

i need mergers and aquisitions

Reply

6 rinchu July 6, 2008 at 2:08 am

i need info on failure of mergers and acqisitions due hr problems

Reply
7 Aashish July 13, 2008 at 9:58 pm

I need info on latest mergers of companies. and problem face by company due to
goverment policies

Reply

8 Hiral July 24, 2008 at 8:32 am

hey…this article was indeed very informative. Bt still India hv a long way to go..n
its surely heading 2wrds it..Bt can u plz guide me regarding the attainment of
objectives of any of the top 10 Merger till nw??

Reply

9 rahul dussa July 29, 2008 at 9:14 pm

hi i am being student of BBA. india doing well in business from last few dacade i
hope it will become great in acquisition of the any kind of company in whole
world

thnak you

Reply

10 payal acharya July 30, 2008 at 9:10 pm

i need information on pharmaceutical mergers.

Reply

11 Sohail Khatri August 5, 2008 at 10:16 am

can anyone inform me about any Medium Size company acquiring any other
company in a developed country.

Reply
12 gautham August 27, 2008 at 4:47 pm

hi,
i’m doing my MBA it’s very much important to know all recent news and updates
in the field of business nd this site is too usefil in providing me such info.

Reply

13 rameez kola August 28, 2008 at 6:13 pm

hi guys…. these days india is tremendously going up…but at the same time india
is not ready to accept N-deal ….my question to you all is ….why it is happening
so…i suggest that india shud accept N-deal and become more powerful in this
world

Reply

14 Rajesh Kamath September 23, 2008 at 8:29 am

Was interesed in knowin the impact of these mergers over the indian economy as
a whole?

Reply

15 roohi October 9, 2008 at 12:00 am

as a mba student this merger and acquisition are very useful for me and i need
pharmacautical mergers…

Reply

16 Jayant October 21, 2008 at 9:13 am

I need data on Cross Borders mergers and acquistions in India. Please let me the
source from where I can get this data. Any Govt.reports etc.

Reply
17 Jayant October 21, 2008 at 9:14 am

I need it for last 20 years. Where can I get the data?

Thanks in advance

Reply

18 James October 31, 2008 at 1:35 pm

Could you please direct me to the data on M&A by Indian PLC’s for the period
2000-08. lm particularly looking for: 1. Name of the acquirer, 2.Announcement
date, 3. Nationality of target, 4. Type of payment, 5.Premium paid (if information
is available), 6.Friendly or Hostile.

Reply

19 Amardeep November 2, 2008 at 7:25 am

could you plz direct me abt the latest mergers in india and what are the reasons of
mergers…..

Reply

20 Sunil Verma November 4, 2008 at 3:34 am

Hello I am doing MBA From Global Business School Delhi. I would like 2 no abt
the mergers and acquisitions in last 3 months.

Reply

21 URVISH B SHAH November 17, 2008 at 5:45 am

BEING A GOOD BUSINESS ECONOMIST ITS REALLY A MATER OF

PRIDE THAT OUR CORPORATE SECTOR IS GROWING SMOOTHLY.
ACCORDING TO MY ANALYSIS THESE MERGER&ACQISITION
SOMEWAY AFFECT OUR INFLATION RATE. BECAUSE BY ACQSING
MORE FOREIGN COS.MORE EMPLOYMENT ARE CREATED.AND OUR
ECONOMY IS HIGLY DEPAND UPON THE CORPORATE SECTOR.
BY EMPLOYING MORE PEOPLE PRODUCTION INCREASE IN ORDER TO
MET THE DEMAND.THEN OUR POPULATION STARTS CONSUMING
MONEY.AND IN THE CURRANT FINANCIAL SENARIO,CONSUMPTION
IS MORE IMPORTANT TO BEAT AGAINST THE CRISIS.
FINALLY, IT IMPROVES OUR OVERALL ECONOMY.

SHAH URVISH
M.S.UNIVERSITY
M.COM (BUSINESS ECONOMICS)

Reply

22 sachin mehta November 20, 2008 at 3:34 am

hii… im prepairin an artile on mergers and acquisitions,being a law student this

information seems interestin and useful too..
thanx

Reply

23 ajeet December 5, 2008 at 12:46 am

hiiii any body can tell me d website from where i get d latest M & A of indian
companies. as a MBA student i’m preparing a project on it.
thanx

Reply

24 konchada sagar January 5, 2009 at 6:03 am

indian mergers and acquisition is very important concept and it is an activity , it is

very usefull for sick industries

Reply

25 Shravan Singh February 4, 2009 at 3:49 am

Hi,
Being an MHRM student frm MSU i must say this one thing is permanent that is
CHANGE. M&A will definately take india on top after some time India
definately become NONE TO NEXT.

Reply

26 dixit March 3, 2009 at 12:33 am

hi
i am just doing mba from ptu and my views are that indian mergers and take overs
are very important for indian economy

Reply

27 sadanand April 27, 2009 at 9:24 am

Can i get info about all mergers n acquisitions that have taken place & which wil
take place in future

Reply

28 sameer parsodkar May 7, 2009 at 11:54 pm

Hi,
Mergers & acquisitions r nothing but d business combination that results in
creation of new reporting entity formed from d combining parties.

Reply

29 kanchan May 9, 2009 at 11:23 pm

IT IS A GREAT FEELING TO SEE INDIA GROWING AND EXPANDING

ITS BUSINESSES TREMENDIOUSLY.. HOPE INDIA WILL CARRY ON IT
AND BE A CASH COW ONE DAY

Reply

30 Krina June 11, 2009 at 11:37 pm

Hellooo…..great to know that India is growing fast in terms of mergers and
acquisitions……As I am Masters student, I wanted to know about scenario of
mergers and acquisitions in India during crisis period……. And I also wanted to
know the name of banks which merged during 2008 and 2009……..Hoping to get
a positive reply from you all…..
Thanking You…….

Reply

31 Tushar July 8, 2009 at 12:31 pm

want to aquire an Indian IT company ( non software)

Reply

32 Tushar July 8, 2009 at 12:34 pm

want to acquire an Indian IT company.. can some one give input

Reply

33 Roshan August 18, 2009 at 5:44 pm

PLZ Sent me List of Indian Merger & Acquition

Reply

34 jagadeeshwar August 20, 2009 at 12:02 pm

hey i need recent mergers and acquisitions in India

Reply

35 jagadeeshwar August 20, 2009 at 12:03 pm

hey i need recent mergers and acquisitions in India and also in the world

Reply
36 neha August 20, 2009 at 10:48 pm

hello, i want the details of merger of HPCL and Kenya Petroleum Refinery Ltd.

Reply

37 Bhuveneshwari Rathore August 25, 2009 at 1:11 am

hiii , i m a student t of Amity Business school wants to make career in finance ,for
the same seeking a bit knowledge about Mergers and aquisition.In simple layman
language
thanksssss

Reply

38 Sumit Patel August 25, 2009 at 11:48 am

hello, i want the details of merger of HPCL and Kenya Petroleum Refinery Ltd.

Reply

39 Sumit Patel August 25, 2009 at 11:51 am

hiii , I m a student of MBA & I wants to make career in finance ,for the same
seeking a bit knowledge about Mergers and aquisition.In simple english language
thanksssss

Reply

40 manjunatha October 29, 2009 at 12:36 pm

hi, it happy to see merging and acquisition is boosting the country and as my
benefit we can get the employment oppertunitys

Reply

41 Raminder Singh April 16, 2010 at 12:22 pm

Sir,
I am MBA student .I have intrest in knowing about various M & A .I want details
about some intresting M & A held in India

Reply

42 saraswathy April 24, 2010 at 9:13 pm

hi..
can i get a list of domestic indian mergers and acquistions that took place between
2007-09..its really urgent..
thanks and regards

saraswathy

Reply

43 KAVIR July 19, 2010 at 7:58 pm

pls send me list of mergers in INDIA