Mittal sees no M&A targets in India
World's richest Indian Lakshmi Mittal, known for creating the world's largest steel empire mostly through merger and acquisitions, said that there was no Indian company on his takeover radar. "It is very unlikely that we get an M&A opportunity in India as Indian entrepreneurs are doing very well and whatever expansion we are planning in India would be through greenfield projects," Mittal said in New Delhi. "It is very unlikely for us to do an M&A deal in India," he said.