New Delhi: India Inc saw robust deal-making activity in April, with three major domestic consolidations by the Adani Group valued at $2 billion, representing 38 per cent of the total deal values, a new report showed on Monday.

The month saw 191 deals worth $9.4 billion, a 21 per cent increase in volumes, but a 37 per cent decrease in values compared to March, according to Grant Thornton’s ‘Bharat Dealtracker’ report.

The month saw 12 high-value deals (of more than $100 million), totaling $3.8 billion.”The deal outlook remains positive, underpinned by a thriving ecosystem that spans technology, consumer, and infrastructure sectors and supported by forward-thinking government policies, poised to drive comprehensive growth across the board,” said Shanthi Vijetha, Partner-Growth, at Grant Thornton Bharat.

Adani Ports and Special Economic Zone Ltd (APSEZ) acquired 56 per cent stake in SP Group, and 39 per cent in Orissa Stevedores Limited (OSL) in Gopalpur Port Limited (GPL) for Rs 3,080 crore.