The Current State of the Indian Economy
Growth in the Indian economy in 2024 belied the global slowdown, emerging as a beacon of resilience amidst global political uncertainties. Withstanding the challenges of geopolitical tensions, India stands as one of the fastest-growing major economies in the world. This has not only boosted the confidence of foreign investors but also inspired Indian businesses to strive for global success and expansion.
The initial months of 2024, being an election year, made foreign investors apprehensive as political pundits speculated on the outcome for the incumbent government. However, a clear mandate and continuity of the government at the centre projected the Indian economy and market as a strong, confident avenue for doing business. Various investment avenues are yielding favourable results for both retail and institutional investors in India.
Please click here to read the full chapter by Sidharrth Shankar and Vikram Raghani published in Chambers and Partners.
Sidharrth specializes in General Corporate Commercial, Mergers & Acquisitions and Private Equity. He has been representing multi-national companies in cross-border transactions, advising on foreign direct investments, outbound investments, joint ventures, technology transfers, retail & franchising and commercial contract issues.