ARTICLE
10 February 2021

What's Made India An M&A Hotspot In 2020?

PL
Phoenix Legal

Contributor

Phoenix Legal is a full service Indian law firm offering transactional, regulatory, advisory, dispute resolution and tax services. The firm advises a diverse clientele including domestic and international companies, banks and financial institutions, funds, promoter groups and public sector undertakings. Phoenix Legal was formed in 2008 and now has 14 Partners and 65 lawyers in its two offices (New Delhi and Mumbai) making it one of the fastest growing law firms of the country.
Despite the pandemic, India has become a hotspot for M&A in 2020. What do you attribute this to?
India Corporate/Commercial Law

Despite the pandemic, India has become a hotspot for M&A in 2020. What do you attribute this to?

India's ability to be a hotspot for M&A even during these times can be attributed to a gamut of opportunities that Indian businesses offered. These include scope for creation of high value with merged synergies, the constant need for investment in innovative and growing business setups and rescue or rejuvenation operations for financially distressed segments. This was coupled with the consistent belief in India's potential and the COVID crisis seen only as a temporary slowdown.

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