Ankur Munjal Shares Insights on Strengthening India-Chile Trade Relations at Chile Pacific Foundation Webinar

Ankur Munjal, Country Director at Dezan Shira & Associates’ India office, was invited as an expert speaker and panelist at the Chile-India Trade Webinar, hosted by the Chile Pacific Foundation on March 25,2025. The session focused on the evolving economic landscape and opportunities for Chilean businesses in India, especially in the context of the ongoing Comprehensive Economic Partnership Agreement (CEPA) negotiations and Chilean President Gabriel Boric’s upcoming visit to India.

The Chile Pacific Foundation is Chile’s only public-private organization dedicated to fostering support policies aimed at strengthening the country’s engagement with the Asia-Pacific region. It also serves as the APEC Secretariat for Chile. This webinar, part of their Export Series (Serie Exportadores), illustrates yet another successful cooperative endeavor with the Foundation as our strategic partner.

Speaking alongside Chile’s Ambassador to India, Mr. Juan Angulo, Ankur highlighted India’s robust economic performance in 2024 and the encouraging FDI inflows in early 2025, attributing this growth to the country’s favorable foreign trade policies and recent regulatory reforms. He outlined promising opportunities for Chilean businesses, particularly in the pharmaceuticals and industrial goods sectors, benefiting from the existing Preferential Trade Agreement (PTA) and its reduced customs duties.

Discussing bilateral relations, both Ankur  and Ambassador Angulo expressed optimism about the progress of CEPA negotiations. Ankur remarked, “The ongoing CEPA discussions mark a significant step in bolstering the India-Chile partnership, especially in supporting India’s green energy vision. With Chile as the world’s largest lithium producer, collaboration in EV battery manufacturing holds immense potential.” He further noted that revised Double Taxation Avoidance Agreements (DTAA) would enhance cross-border trade and FDI.

The session concluded with an interactive Q&A session, where Ankur responded to queries about opportunities for Chilean business within India’s wine market, noting the surge in demand driven by an expanding consumer base. He also addressed concerns around regulatory processes and currency repatriation, reassuring Chilean businesses that India’s streamlined foreign investment policies provide a conducive environment for cross-border trade.

For more insights and session highlights, please click here

If you are interested in exploring investment opportunities, discuss business prospects in India, and strategize your plans in the country, please feel free to contact Ankur via email at: ankur.munjal@dezshira.com

Dezan Shira & Associates’ Presence in India and Latin America

With offices in Delhi NCR, Mumbai, and Bangalore, as well as associates in all other major cities, Dezan Shira Consultancy Services Private Limited offers robust compliance services and growth solutions to complex businesses entering India.

Our services in India include Structuring & Incorporation, Tax & Regulatory Registration & Compliance, Due Diligence, Intellectual Property & Brand Protection, Business & Tax Advisory, HR Administration, Payroll Management, and Bookkeeping & Accounting . Our Legal & Business Advisory services include contract reviews, financial reviews, and CXO assistance services .

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.

Additionally, our Spanish Desk provides dedicated support and guidance to Spanish and Latin American companies looking to expand their operations in India and other Asian countries. With 30 years of experience, knowledge, and integrated services, we are well-equipped to be your partner for growth in the region

Further Resources

To learn 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:

• An Introduction to Doing Business in India 2025 [Guide]
• India-Chile Expanding Economic Partnership [Article]
• Analizando la Expansión de la Alianza Económica entre India y Chile [en Español]
• India’s GDP Growth Projected at 6.5% for FY2024-25: Second Advance Estimates
• India Market Entry Strategy for International Retailers [Article]

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