In recognition of the important role of foreign direct investment (FDI) in driving economic growth, the Government of India initiated numerous economic and financial reforms in 1991, transforming the nature of the Indian economy from a restrictive regime to a liberalized one.
Partner
O.P. Khaitan & Co
The government has introduced greater transparency and has simplified the regulatory and tax regimes, bringing them into line with best international practices. India is a more attractive investment destination as a result.
Entry strategy
Entry strategies for foreign companies investing in India have also been simplified.
Investors can now establish their presence through a liaison or representative office, project office, 100% wholly owned subsidiary or a joint venture company after obtaining requisite approval from the Reserve Bank of India (RBI) or Foreign Investment Promotion Board (FIPB).
Gautam Khaitan is a partner at OP Khaitan & Co. He works mainly on corporate and commercial matters and has considerable experience over a wide range of corporate and commercial transactions.
Khaitan House
B-1 Defence Colony
New Delhi – 110 024
India
Tel: +91 11 24337516/17/18; +91 11 41550888/89/90/91
Fax: +91 11 24337958; +91 11 41551590
E-mail: opkhaitan@opkhaitan.com
