Legal abroad: Doing business in India

By Sam Prentki and Havin Jagtiani 2024-06-26T06:00:00

Our series turns to the subcontinent, where potential uncertainty over arbitration has recently cast a shadow over this land of legion construction opportunities

India is now the world’s most populous country (at 1.4 billion people), has the fastest-growing economy (at 7.5%) and infrastructure construction is a priority. Road and rail production in particular has surged in recent years, with 10,000km of roads added every year since 2018. Construction opportunities are legion but not without challenges – an election, infrastructure-related emissions concerns and potential uncertainty in the dispute resolution process.

Government infrastructure spend alone increased from 1.7% of GDP in 2012/13 to 2.5% in 2023/24, and the 2020 National Infrastructure Pipeline initiative estimated US$1.4tn of investment needed between 2020 and 2025.

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