India's outbound deal value at $7.6 billion, rises for third year in a row

US upstages UK as biggest target for outbound deals in 2022

India has spent more on overseas mergers and acquisitions (M&As) by August than in the whole of 2021.

The total $7.6 billion in outbound M&As represents the third straight year of rising deal value, reveals data from tracker Refinitiv — a part of the London Stock Exchange Group tracking such transactions internationally. The government announced a move on Monday to ease overseas investments.

“In view of the evolving needs of businesses in India, in an increasingly integrated global market, there is a need for Indian corporations to be part of the global value chain. The revised regulatory framework