India, a developing nation, achieved a robust Gross Domestic Product (“GDP”) growth rate of 7.2% in 2022–23, showcasing its rising global significance. India is welcoming foreign investors with open arms through progressive Foreign Direct Investment (“FDI”) policies
Securing the required approvals, registrations, and licenses in the pre-commissioning phase of a project is crucial for ensuring a smooth transition from planning to operational readiness. These initial actions establish the foundation for legal and regulatory
Establishing a business in India requires a strategic approach and a deep understanding of its diverse and rapidly changing market. After the initial setup and launch, the post-commissioning phase becomes crucial.During this stage, businesses refine their operations
Navigating India’s complex business compliance and approval landscape requires a deep understanding of regulations and strict adherence to legal requirements. This involves obtaining essential licenses and authorizations while following government
Business registration in India encompasses a series of legal and procedural steps, contingent on your chosen business entity. Recent government initiatives like “Make in India” and “Startup India” aim to facilitate business, attract
Establishing business operations in India through Liaison, Branch, or Project Offices is a vital strategy for foreign entities entering the Indian market. These models provide tailored levels of engagement to meet specific objectives and operational needs
To establish a business in India, adherence to a set of fundamental requirements is imperative, ensuring legal compliance and operational integrity. Essentials include selecting directors and shareholders, issuing a prospectus when needed
Setting up a company or Limited Liability Partnership (“LLP”) in India is a significant endeavor that holds immense potential for entrepreneurs and business enthusiasts. India’s dynamic and rapidly evolving business landscape, combined with a burgeoning consumer market,
India has passed a comprehensive data protection law – the Digital Personal Data Protection Act, 2023 (the “Act”). The Act establishes the foundation for the updated data protection system. Additional guidelines will be provided by the Central Government over time to compliment this framework. The Act replaced Section 43A of the Information Technology Act, 2000 (“IT Act”) and the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011 (“SPDI Rules”), which have been India’s data protection framework until now. The Act introduces robust provisions concerning notice and consent obligations, delineates the permissible legitimate uses for processing personal data without explicit consent, establishes an appellate tribunal for grievance redressal, and imposes enhanced responsibilities upon data fiduciaries when handling the data of children, among other changes
The Digital Personal Data Protection Act, 2023 (the “Act”) will apply to the processing of digital personal data within India where such data is collected online, or collected offline and is digitised. It will also apply to such processing outside India,