“The real M&A activity began in 2005 when India went on a shopping spree. Post-covid, the structural behavior has changed, and we are seeing an evolution in domestic deal making. India has seen a robust governance framework, and we are working with the who’s who of the private equity world, where governance is key. Without a governance framework, it wouldn’t have been possible,” said Alok Malpani, chief executive officer at Emirates NBD Capital India.
