India: The New Global Manufacturing Hub
#UIANewDelhi
Seminar presented by the UIA and the UIA India Chapter in collaboration with the Delhi International Arbitration Centre, Bar Association of India and the Supreme Court Bar Association
India Ahead: Exploring legal, regulatory and geopolitical updates impacting FDI in the world’s fastest growing economy
India is the world’s third largest economy on a purchasing power parity basis, and continues to be the fastest growing major economy in the world. With a strong annual growth rate of between 6-7% per annum, India is set to surpass Japan and Germany, becoming the world’s third-largest economy by FY 2030-31, according to S&P Global Ratings.
India has become a preferred destination for foreign investment, attracting over $42 billion in FDI during the first half of the current financial year. This growth is fuelled by factors such as enhanced competitiveness, innovation and key policy reforms. As the Financial Times highlighted, “With a young and dynamic workforce, a growing middle class and its ongoing economic reforms, India is emerging as a top destination for international investors.”
The 'Make In India' initiative, a large integrated domestic market, and geopolitical factors affecting global supply chains have driven a shift in manufacturing from other regional powerhouses to India. Countries like the U.S. are increasingly sourcing from India instead of China. The seminar will offer expert guidance on navigating the legal landscape of India’s rise as the new global manufacturing hub.
Mark your diaries now and make sure to register! We are looking forward to welcoming you to New Delhi!
