Prized European Assets Up for Grabs as India Inc. Looks Abroad

Europe is becoming a busy hunting ground for Indian companies eager for acquisitions as they attempt to expand globally, bring in new assets and hone their technical chops.

The value of Indian mergers and acquisitions into Europe has reached $5.7 billion in 2025, more than any other full year since 2020, according to data compiled by Bloomberg. It’s still some way behind the record $15.4 billion in 2006.

Tata Motors Ltd. led the charge this year with its offerto buy Iveco Group NV for about €3.8 billion ($4.4 billion) after the Italian truckmaker sold its defense business to Leonardo ...