12 Biggest Acquisitions by Indian Companies

4. ONGC acquired Kashagan Oilfields, November 2012
Deal size: $5 billion, Country: Kazakhstan

This acquisition took place in November, 2012. After this acquisition, India has become one of the major energy providers among other oil producing nations. After acquiring these oilfields, ONGC’s shares rose by 8 percent in the stock market.

ONGC fulfills a major portion of India’s crude oil requirement. It also fulfills forty-eight percent gas requirement of India.

5. ONGC acquired Imperial Energy, August 2008
Deal size: $2.62 billion, Country: United Kingdom

Imperial Energy Corporation was founded in 2004. It has it’s headquarter in Leeds, United Kingdom. It operates mainly from Siberia.

By August 2008, Imperial Energy was acquired by ONGC. The deal was finalized for $2.62 billion.

The exploration rate of Imperial Energy is very high and this might have been the reason, ONGC was highly interested in acquiring Imperial Energy.

6. Tata Motors acquired Jaguar Cars and Land Rover, March 2008
Deal size: $2.3 billion, Country: United Kingdom

Tata Motors is one of the common names on the Indian roads. It is the eighth largest car manufacturer in the world. In terms of manufacturing trucks and buses, it comes in the fourth and second ranks respectively.

By March, 2008, Tata Motor offered a deal of $2.3 billion and acquired British brands, Land Rover and Jaguar.

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