Doing Business in India in 2020

On January 28, International Business Advisory Senior Associate Sunny Makhija discussed India’s improving business environment and potential investment opportunities for foreign investors in India.

Over the past few years, the Indian government has liberalized the FDI norms, making India one of the most open economies in the world. The government has also implemented a number of measures to improve the ease of doing business in India by simplifying and digitizing the existing legal regimes.

During the webinar, Sunny provided comprehensive insights on India’s foreign direct investment policy, doing business with Indians, policy initiatives undertaken by the government and updates on key regulations.

India jumped to 63^rd position in World Bank’s Ease of Doing Business 2020 rankings. Continuous business reforms over past several years has helped India in moving from 142^nd position in 2015 EODB report to 63^rd position in 2020 EODB report – a significant feat for a large and diverse country the size of India.

“Bureaucratic processes and procedures have been significantly reduced due to the rapid digitization and simplification of most approval processes, which are now online. However, the flip side is that it is important to get the documentation right for a swift approval. Also, with digitization, corruption has progressively reduced and can be resisted if things are done correctly the first time”, Sunny said during the webinar.

If you were unable to attend this webinar and have inquiries about investing in India, contact us today to speak with an expert.

Further Information

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