High valuations and a shift towards online retailers seem to be keeping investors away from the traditional retail and consumer sector in India.
Merger and acquisition (M&A) deal value in the segment has declined by half to $1.75 billion till date in 2015 compared with $3.5 billion in the corresponding period last year, according to data from consulting firm Grant Thornton. The value of deals struck this year is the lowest since 2012.
