Hiten Kotak, Leader, Mergers and Acquisitions Tax, PwC India
This is definitely one of the most robust phases for M&As in India. At a time when there is a lull in the global economy, the strength of the Indian economy has fostered an environment where Indian business houses can spot opportunities to grow exponentially through vertical, horizontal and concentric M&A deals. Complementing this situation, the Indian government has proactively undertaken to evolve a tax and regulatory regime that will help the Indian M&A sphere mature. It has also undertaken various policy initiatives to provide a much-needed impetus to domestic and foreign investments.