The Biggest Acquisitions By Indian Companies

3. Novalis acquired by Hindalco

India’s largest non-ferrous metals company, Aditya Birla Group’s Hindalco Industries acquired the Canada based firm Novalis for $5.73 billion in February 2007.

Soon after the deal Hindalco became the world’s largest aluminum rolling company, a leading producer of copper in India and biggest in producing primary aluminum in Asia.

Its copper smelter became the largest single location custom smelter globally.

4. Jaguar and Land Rover acquired by Tata

Another big leap by Tata Group by entering into luxury car and truck business, Tata Motors acquired the Ford Motor company’s Jaguar and Land Rover for $2.3 billion in March 2008.

Tata motors’ decision to get hold on British brands seemed to be the spur-of-the-moment in the automobile industry. There was a total sale of around 374,636 vehicles in the year ended in 31^st March 2013 by Tata Motors, out of which 316,043 were Land Rovers and 58,593 were Jaguars.