ESG, technology theme to dominate India Inc acquisitions in 2024

Top Indian companies are in talks for acquisitions in the new year, especially in the renewable energy, electric vehicle, and battery storage segments, as environmental, social, and corporate governance, and technology themes are expected to dominate corporate boardrooms in 2024, say bankers.

Vaibhav Gupta, partner at Dhruva Advisors, said top corporates want to focus on sustainability and clean energy companies, and hence large investments are expected in ramping up capacities in these fields. “Technology as a sector should continue to be in focus with the rapid advancements in Gen AI.

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