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April 7, 2022updated 05 Apr 2022 10:09am

Deals relating to India’s socioeconomic impact increased significantly in the offshore industry in H2 2021

Deals relating to India's socioeconomic impact in the offshore oil and gas industry operations and technologies sector have seen an increase of 41.7% from H2 2020 to H2 2021, an analysis of GlobalData's deals database reveals.

By Data Journalism Team

In the second half of 2021, the number of deals relating to India’s socioeconomic impact increased significantly by 41.7% from the same period in 2020.┬áThis marks an acceleration in growth from the 23.1% increase in deals that occurred in H1 2021, relative to the same period a year earlier.

GlobalData’s deals database looks at mergers, acquisitions, and venture capital and private equity investments taking place daily between thousands of companies across the world.

During second half of 2021, deals relating to India's socioeconomic impact accounted for 5.1% of all deals taking place in the sector. This represents an increase from the figure of 3.3% in second half of 2020.

GlobalData's thematic approach to sector activity seeks to group key company information on investments to see which industries are best placed to deal with any issues they may encounter.

These themes, of which India impact is one, are best thought of as "any issue that keeps a CEO awake at night", and by tracking them, it becomes possible to ascertain which companies are leading the way on specific issues and which ones have some work to do.

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