Outbound deals almost equal to Inbound Deals

The growing power and international presence of Indian corporates is today reinforced by the findings of KPMG International's latest Emerging Markets International Acquisition Tracker (EMIAT). The EMIAT, which tracks trade buyer deals between emerging and developed economies on a six-monthly basis from the start of 2003 using data sourced from Zephyr, now shows 322 completed deals where Indian trade buyers have acquired companies in the major developed economies.

This compares to 340 deals completed in the opposite direction (developed economy trade buyers buying into India). With outbound deals now having outnumbered inbound deals for the each of the last three six-month periods, India seems well set to become a net ‘deal exporter’ in the next EMIAT in 2009.

As acquirers, Indian companies are now serious players on the world scene. In sporting terms, there is strength in depth here too; this is not just about the headline acquisition of Indian titans such as Tata. This is about an ability to strike overseas deals filtering down throughout the Indian corporate scene.”

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