New Delhi, Sept. 22 -- India's merger and acquisition (M&A) volumes fell by around 20 per cent year-on-year in the first seven months of 2026, but overall deal value remained steady as companies focused on larger transactions, according to a report by Boston Consulting Group (BCG).

The fall in deal volumes in India was slightly steeper than the roughly 18 per cent decline seen globally, BCG said in its report titled India M&A 2026: Fewer Deals, Bigger Bets.

"Volumes have fallen while the market is rewarding those that still transact with conviction. This suggests boardrooms should keep their M&A engines always on and reconsider how and when they choose to tap these markets, rather than pausing until sentiment turns," Kanchan Samtani, AP...