To emerge as trusted destination for investments, India needs to ensure predictable policy regime

To emerge as trusted destination for investments, India needs to ensure predictable policy regime
In most commercial contracts, dispute redressal is by arbitration and big ticket deals provide for institutional arbitration.
December 14, 2020 9:28:26 pm
India too wants to be a “hub” for international arbitration.
Written by Gopal Jain
There is a clear mission and resolve on the part of the government to nurture a “Naya India” and emerge as a “hub” and “safe haven” for investments. Investments, after all, flow to destinations that are trusted. So what does it take to become a trusted destination? A trusted destination is characterised by ease of doing business, a robust and predictable policy regime and respecting/adhering to sanctity of contracts, that is, keeping the commercial deal and bargain intact. All this and more requires an effective mechanism to address any disputes that come with doing business.

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