Mizuho and Other Japanese Firms Expand Presence in India’s Financial Sector

Japanese firms, including Mizuho and Sumitomo, are increasing investments in India’s financial sector, with deal volumes rising 15% to nearly $90 billion this year.

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Mizuho and Other Japanese Firms Expand Presence in India’s Financial Sector

Mizuho and Other Japanese Firms Expand Presence in India’s Financial Sector
Mizuho Financial Group has announced its acquisition of a majority stake in Avendus Capital, marking another major deal as Japanese firms intensify their expansion in India. The total volume of deals targeting Indian companies has surged by 15% this year, reaching nearly $90 billion. Mitsubishi UFJ Financial Group is also reportedly set to invest over $3 billion in Shriram Finance Ltd., while Sumitomo Mitsui Financial Group has become the largest shareholder in Yes Bank.