World · India Bureau
Indian firms positioned to pursue M&A opportunities across Europe: Citi
A senior Citibank executive has flagged robust pipelines for cross-border mergers and acquisitions involving Indian companies, even as geopolitical uncertainties persist globally. The banking leader also stressed the importance of India developing artificial intelligence capabilities as a core national competency.
LSN India ·
Viswas Raghavan, a senior official at Citibank, has identified significant merger and acquisition opportunities for Indian firms looking to expand their European footprint, according to recent remarks at an industry forum. The assessment comes amid a broader outlook that shows healthy dealmaking pipelines across multiple sectors, despite headwinds from international tensions and economic volatility.
Raghavan underscored the critical importance of India positioning itself as an AI-native nation to remain competitive in the global economy. The emphasis reflects growing recognition among financial and business leaders that artificial intelligence will be central to corporate strategy and national development in coming years.
Beyond M&A prospects, Raghavan highlighted sustained momentum in initial public offerings and other cross-border transactions. The comments suggest financial institutions are maintaining confidence in capital markets activity, even as multinational corporations and investors navigate macroeconomic uncertainties.
The remarks align with broader trends showing Indian conglomerates increasingly pursuing international expansion strategies. Companies across sectors have stepped up acquisitions abroad while simultaneously attracting foreign investment into India, reshaping regional and global business dynamics.