MUFG, SMFG among Japanese firms piling into India for growth
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Japanese firms, including MUFG and SMFG, are expanding in India, focusing on financial services. MUFG plans to invest over 500 billion yen in Shriram Finance, while Mizuho seeks a stake in Avendus Capital. Japanese companies are increasingly targeting India for growth, with M&A deals rising 15% to nearly $90 billion. Mid-market Japanese firms are eyeing sectors like mobility and renewables for future deals. India offers significant growth opportunities, making it a top priority for Japanese investments.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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