Daijiworld Media Network - New Delhi

New Delhi, Oct 22: India’s automotive industry recorded a blockbuster quarter in Q3 2025, with deal values hitting $4.6 billion across 30 transactions, the highest in over a year, according to a report by Grant Thornton Bharat released on Wednesday.

This dramatic surge was almost entirely driven by Tata Motors’ $3.8 billion acquisition of Italy’s Iveco S.P.A., which alone accounted for 95% of the total M&A value during the July–September period. Despite the steady number of deals quarter-on-quarter, the sheer size of this outbound transaction catapulted the overall value.

The report highlighted a broader strategic shift in the auto sector, pointing to growing interest in global expansion, electrification, and supply chain realignment. Both strategic

See Full Page