Indian companies look at South East Asia for M&As
Indian companies are increasingly looking at South East Asian countries for business and mergers and acquisitions (M&As) because there is a good strategic and cultural fit with companies in the region. Indian companies in sectors such as healthcare, consumer and industrials have done M&As with counterparts in countries such as Malaysia, Indonesia and Thailand. Smart Indian entrepreneurs are increasingly looking at South East Asia for its sizeable collective market, greater ease of doing business, and large unmet demand for information technology expertise. Moreover, barring Singapore, education in technology and engineering is considerably lacking in South East Asia and that is where Indian entrepreneurs are gradually making a mark in the region. The M&As deals between Indian and South East Asia countries grew from $8.1 billion in 2016 to $14.9 billion in 2018, according to data from Grant Thornton. Moreover, a survey done by Baker McKenzie on 100 C-Suite India...