India clocks 12 pc rise in deal volume in Jan-Oct, China sees 23 pc decline [Video]

India saw 11.9 per cent increase in deal volume (year-on-year) in the January-October period, bucking the overall trend in the Asia-Pacific region, a new report has said.

On the other hand, China experienced YoY decline in deal volume by 22.9 per cent during the period, according to GlobalData, a leading data and analytics company.

A total of 11,808 deals (mergers and acquisitions, private equity and venture financing deals) were announced in the Asia-Pacific (APAC) region during January to October 2024, which was a year-on-year (YoY) decline of 4.8 per cent, compared to the 12,406 deals announced during the same period in 2023.

An analysis revealed that during January-October, the number of private equity and venture financing deals declined by 16.3 per cent and 10 per cent, respectively. Meanwhile, the M&A deals volume experienced a marginal YoY improvement during the review period.

According to Aurojyoti Bose, lead analyst at GlobalData, the …