From mega M&As to aggressive expansion, 2025 was the year of Indian conglomerates. Will the momentum sustain in 2026?

India's top conglomerates excelled in 2025 with significant M&As and capital expenditure, reflecting resilience amid global challenges. Experts caution against overleveraging and stress the importance of succession planning as India's top business houses prepare for sustained growth in 2026.

From mega M&As to aggressive expansion, 2025 was the year of Indian conglomerates. Will the momentum sustain in 2026?
India's top conglomerates excelled in 2025 with significant M&As and capital expenditure, reflecting resilience amid global challenges. Experts caution against overleveraging and stress the importance of succession planning as India's top business houses prepare for sustained growth in 2026.

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