India ranks seventh in the world in terms of size and sustains a populationalmost the size of China. India boasts of a huge young population, educated and English speaking.
India has always been an attractive destination for trade, and even today it offers one of the best and most stable investment opportunities. The present dispensation has taken some of the most path-breaking policy decisions, not only for Indian enterprises, but also, to enable foreign investors to do business in India with ease.
India has one of the most well placed legal systems in the world with the Supreme Court of India being the highest judicial authority, below which are the various State High Courts. At the bottom of the hierarchy are the District Courts. There is a codified and written law on almost every aspect apart from the Common Law system. Indian IPR Laws are in conformity with the TRIPS and other International Laws, which provides protection to the Intellectual Property Rights including #Patents and #Trademarks. India is also obliged under various treaties to grant equal protection to citizens of other countries, based on reciprocity.
A foreign entity can Do Business in India by setting up either (i) Liaison Office; or (ii) Branch Office (iii) Project Office (iv) Incorporation of subsidiary Company (v) Limited Liability Partnership.
Investments by foreigners are open in almost every sector, except in some sectors where there is a restriction in terms of percentage of investments, such as single brand retail, defence etc.
Foreign Direct Investment in India must be in conformity with the Foreign Exchange Management Regulations. In most of the sectors where investments are allowed to the extent of 100%, no prior approval is required, either from the Central Government, or from the Foreign Investment Promotion Board (FIPB) except certain reportings to the concerned Ministries. There exist, however, a few sectors such as tea & plantation, broadcasting, publishing,etc. where prior approval may be required even if 100% foreign investment is allowed.
In certain sectors FDI is allowed to an upper cap in terms of percentage of share-holding such as 49% in telecom, teleports, defence, non-scheduled air passenger services, 26% in print media containing news items, broadcasting,etc..
The Government of India has taken up a series of measures to facilitate Ease of Doing Business in India. Simplifying and rationalising the existing rules with proactive usage of IT and internet based platforms to make governance more efficient and effective, and also, to enable transparency, has been the prime objective. Some of the measures taken are:
Today, India is one of the most stable economies in the world. Amongst the BRICS nations, India has shown that its economy is far more reliable than China or Brazil in terms of stability as well as returns on investment. The growth rate in India has been almost 7-8% annually despite the global slow down and recession. India is also witnessing a boom in the IT and Ecommerce start-ups. Today, India offers one of the best investment opportunities in infrastructure projects such as roads, highways, transportation, mines and mineral exploration, power generation manufacturing, to name a few.
WHY INFINI JURIDIQUE
Infini Juridique is one of the top full service Law Firms in India providing wide ranging legal services including Corporate Law, IPR Law, Litigation & Arbitration, Aviation, Foreign Investments etc. The Firm provides a single window advisory services covering all aspects of law and also provides hand holding during the process of setting up of new company and until actual commencement of business.
The firm provides Legal services to several MNCs and Indian companies. Our Lawyers have experience of over 20 years in the Legal Field having provided legal advisory services in some of the most complex projects. The Firm has handled several foreign investments in India including incorporation of foreign companies, joint ventures, etc.
You may Contact InfiniJuridique through email firstname.lastname@example.org.