In recent times, India has undertaken major structural reforms to facilitate ease of doing business. These include a robust bankruptcy framework, a new digital payments regulatory regime and vast reforms in the corporate law statute. To complement these reforms and further deepen India’s engagement with international commerce, the Indian Government has recently unveiled various policy measures to facilitate commercial dispute resolution especially through arbitration. Vast scale legal reforms have been undertaken to revamp the existing arbitration framework. Our attempt is to improve the institutional capacity necessary to create a vibrant ecosystem to make India the next big hub for international commercial arbitration.
To brainstorm on the above, NITI Aayog is organising a “Global Conference on National Initiative towards Strengthening Arbitration and Enforcement in India”. Hon’ble the Chief Justice of India is the Chief Patron of the Conference. The President of India will be inaugurating the Conference.
This international conference aims to provide a platform to engage the Indian legal and policy making community with the broader international commercial arbitration community especially the top-tier international arbitral institutions and all relevant stakeholders. We hope this initiative will serve as a platform for discussion on critical issues relating to arbitration, experience sharing on international best practices and charting a roadmap to strengthen arbitration and its enforcement in the country which will ultimately feed into effective policy making necessary to augment the institutional capacity for promoting international commercial arbitrations in India.
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