| Expect a boom in merger and acquisitions in the years to come. According to a survey by consulting firm Grant Thornton, in comparison with the global M&A business of $10 bn a day, this activity in India was a mere $18 bn in 2005. |
| The survey, however, showed that 73 per cent of respondents said they'd do at least one M&A in the next three years. Of those who'd done M&As, 85 per cent said they'd been successful. |
| The resulting increase in profits was the dominant reason for M&As (33 per cent of respondents said this); another 28 per cent of respondents said M&As helped increase scale and reduce the time to market; and 22 per cent said they'd get into M&As to acquire new technologies. |
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