India to Maintain Current Dispute Rules for Foreign Firms, Sources Say
India confirms no major changes to dispute resolution for foreign companies, keeping local court process intact. Sources reveal potential tweaks to five-year...
POLICY WIRE — New Delhi, India — India is not planning significant reforms to its dispute resolution mechanisms for foreign businesses, according to a government source familiar with ongoing reviews of bilateral investment treaties.
Foreign firms have repeatedly criticized the country’s legal framework, citing delays and complexity as major barriers to further investment. A key requirement currently mandates that disputes involving foreign entities be resolved through Indian courts for a minimum of five years before international arbitration can be pursued.
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The same source confirmed that this five-year threshold will remain in place, though a second official suggested it could be reduced to two years. The government also emphasized that taxation disputes will not be included in investment treaties, reinforcing its stance on maintaining control over domestic tax policies.
Reporting by Policy-Wire (PW)
