The merger and acquisition decisions of Indian companies for 2022 will be driven by their need to access key technologies to achieve strong and sustainable growth, according to the EY CEO Outlook 2022.
Considering that technology is at the core of value creation for most industries currently, India Inc. is increasingly recognizing the need to own technology instead of outsourcing critical functions to third-party vendors. This realization is driving the M&A strategies for Indian companies, it added.