India’s consumer and retail sectors have experienced a notable surge in deal activity, reaching a three-year high in Q1 2024, according to Grant Thornton. A total of 139 deals worth $3.8 billion were recorded, marking a 65% increase in deal volume from the previous year. This growth is driven by rising domestic consumption, investor interest, and consolidation trends. Notably, major transactions like Haldiram’s stake discussions and Adani Wilmar’s acquisitions contributed to the upswing.
