ABSTRACT

N um

be r

51 17

44 51

83 42

40 14

2 47

0 Sh

ar e

to T

ot al

( %

) 10

.8 5

3. 62

9. 36

10 .8

5 17

.6 6

8. 94

8. 51

30 .2

1 10

Industry Number of Acquiring Firms % Share to Total

1 Automobile 6 1.41 2 Automobile ancillaries 18 4.23 3 Beverages 11 2.58 4 Drugs and pharmaceuticals 46 10.80 5 Cosmetics, toiletries, soaps and

detergents 13 3.05

6 Petroleum products 12 2.82 7 Other chemicals 62 14.55 8 Electrical machinery 32 7.51 9 Electricity 8 1.88

10 Electronics 17 3.99 11 Ferrous metals 34 7.98 12 Non-ferrous metals 7 1.64 13 Food 47 11.03 14 Mining 7 1.64 15 Non-electrical machinery 12 2.82 16 Other machinery 7 1.64 17 Non-metallic mineral products 17 3.99 18 Pesticides 10 2.35 19 Textiles 38 8.92 20 Miscellaneous manufacturing 22 5.16

Total 426 100.00

management.5 In terms of total assets, these firms accounted for 76 per cent of the total assets of all the sample firms (Appendix 4.2).