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Indian automotive sector sees 32 deals totaling USD 1.9 B

Last Update 11 October 2024

The Indian automotive sector experienced a significant rebound in M&A activity in Q3 2024, with 32 deals worth USD 1.9 billion. This marked a 20% increase in volume and a 30% rise in value compared to Q2 2024. Notably, Exicom Tele-Systems Ltd made a major M&A deal valued at USD 30 million during this period.A major M&A deal of the quarter was Exicom Tele-Systems Ltd's USD 30 million .

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