The ratings agency said mergers and acquisitions are evolving from an occasional growth option into a core strategic tool for companies seeking to scale faster, enter new markets and acquire capabilities that would take longer to build internally.

Indian companies are increasingly using mergers and acquisitions to accelerate growth. Deal volumes have more than doubled since fiscal 2017, reflecting this trend. Many companies…

The ratings agency said mergers and acquisitions are evolving from an occasional growth option into a core strategic tool for companies seeking to scale faster, enter new markets…