18 Mar 2013

India a good destiny for Intestment - E&Y

Favourable demographics and growth opportunities keep India an "attractive" destination for merger and acquisition activities across diverse sectors including consumer goods and pharmaceuticals, according to global consultancy Ernst & Young.

 "Catering to a growing, expanding and spending population is what every organisation wants to do. So there is a lot of interest from outside India to come inbound," E&Y Global Vice Chair (Transaction Advisory Services) Phillipa McCrostie told PTI in an interview.

 "I don't think India's growth is based on one factor or bubble that has evaporated and gone away. It is exciting time in India for M&A growth," she said.

Full text can be read at  http://j.mp/Zl0fog