While each company has its reasons to enter into a merger, certain common factors have made mergers and acquisitions attractive. Firstly, after the pandemic, the businesses and the balance sheets of most companies took a big hit. This has resulted in operating inefficiencies in the companies and a lack of strength in the competitiveness. While individually companies stand vulnerable, two companies with similar ideologies and beliefs together can be a brutal force in the market. Together, companies are trying to create a synergy to grow and compete with larger conglomerates at the international level. India’s economy is a rising force in the world market, especially after the Russia-Ukraine conflict. There are wide opportunities to grow and segments to capture. The synergy of a merged entity is helping the corporates to grab the same.