Company News
Naina Bhardwaj Delivers Keynote Address in Global Webinar on India’s Growth, Hosted by Clarksons, a Global Maritime Consultancy & Shipping Services Firm
On April 24, 2024, Naina Bhardwaj, International Business Advisor at Dezan Shira & Associates’ India office, delivered a keynote address at a global webinar hosted by Clarksons. The session centered on India’s growth trajectory and the lucrative opportunities it presents for shipping companies globally within the economiclandscape.
With a conducive business environment and a robust economic growth forecast of 7.5 percent, India has effectively positioned itself as a preferred foreign investment hub. The webinar was organized by the UK-based firm, Clarksons, who is a global leader in Maritime Consultancy and Shipping Services, During the session titled ‘India Insights’, Naina Bhardwaj presented an in-depth overview of the key factors contributing to India’s growth journey and its investment appeal. She also shed light on the investment prospects and developments crucial for the shipping industry globally. The session also saw participation from Mr. Amit Mehta, Managing Director, Clarksons Shipping Services India.
Highlighting positive economic trends, Naina touched upon India’s competitive advantages, including:
- Robust demand from its massive consumer market;
- Improving logistics performance;
- Low labour costs;
- Attractive tax structure, and
- Rising skilled talent pool.
She also discussed key sector reforms, such as Make in India, PLI Schemes, and the National Industrial Policy, positioning India as a key player in the global manufacturing landscape.
When speaking on recent government initiatives, Naina emphasized the growing interest of Western nations in India for supply chain diversification: “In a post-pandemic landscape, there’s a concerted effort in the West to view India as a strategic economic partner, given its investor-friendly reforms, burgeoning consumer market, and robust manufacturing sector driving economic growth.”
The session concluded with an interactive Q&A round during which Naina discussed anticipated changes following the elections. She foresaw India maintaining its economic momentum through increased incentives and FTAs, thereby reinforcing its standing as a significant player in the global trade arena.
If you are interested in exploring investment opportunities, discussing business prospects in India, and strategizing your plans in the country, please feel free to contact Naina via email at: naina.bhardwaj@dezshira.com or here.
Dezan Shira & Associates’ Presence in India
With offices in Delhi NCR, Mumbai, and Bangalore and associates in all other major cities, Dezan Shira Consultancy Services Private Limited, renders robust compliance services and growth solutions to complex businesses entering India.
Our services in India include Structuring & Incorporation, Tax & Regulatory Registration & Compliances, Conduct of Due diligence, Intellectual Property and Brand Protection, Business and Tax Advisory, HR Administration, Payroll Management, Bookkeeping & Accounting. Our Legal & Business Advisory includes Contract Reviews, Financial reviews, and CXO Assistance Services. Over the years, the firm has added lateral talent in India thereby enhancing its reach to deliver bespoke solutions customized according to client needs. The team in India is committed to improving your understanding of investing and operating in the Indian subcontinent.
Should you have any questions or queries about investing or doing business in India, you can get in touch with our team in India here.
Get Access to our Additional Resources
To know more about the growing opportunities in India’s business environment, please visit our Doing Business in India Online Portal and India Briefing, where you can find resources such as:
To learn more about how we can support you, contact one of our local experts.
We provide professional services tailored to Asia´s business environment across the full business cycle.
Talk to experts