Hungry for more deals in US, Europe and India: Kumar Mangalam Birla

His companies have carried out scores of deals, with recent one being Birla's Idea Cellular's merger with the local unit of Vodafone Group Plc to create India's biggest carrier

Kumar Mangalam Birla, the billionaire chairman of the acquisitive Indian conglomerate that bears his name, said he was hungry for more deals after creating the nation’s biggest mobile-phone operator. His Aditya Birla Group continues to look for targets in the US, Europe and India that make business sense and are likely to add value, the 51-year-old said at Bloomberg's India Economic Forum on September 18 in Mumbai. He didn't specify any names.

Birla, who runs a $44-billion conglomerate, which sells everything from insulators to insurance, helps illustrate India's emergence as a mergers-and-acquisitions powerhouse, with transactions involving local companies setting records by