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Japanese M&A interest makes a strong comeback in 2024

Livemint · 6m

Japanese conglomerates and investment firms are increasingly investing in India, with a focus on financial services and new-age companies. Leading companies like Yes Bank and Avendus Capital Financial Services have attracted bids from large Japanese banks. Japanese trading firms Sumitomo Corp. and Marubeni Corp. are planning investments in renewable energy projects and industrial parks in India, respectively. Interest from Japanese firms in Indian transactions has grown this year, driven by factors such as access to high-growth markets and the attractiveness of India compared to China. Smaller firms, however, remain cautious due to past disputes and legal cases involving foreign investors in India.