Author
Rukshad Davar has over 20 years of experience in corporate/M&A, competition and tax matters, and has advised on complex domestic and cross-border mergers, acquisitions, corporate restructurings, joint ventures, private equity investments, strategic investments, asset sales and purchases, slump sales and hive-offs, corporate advisory matters, income tax and tax treaty issues, and real property matters. Rukshad regularly speaks at corporate, M&A and other forums, including conferences convened by the International Bar Association and the International Association for Young Lawyers (AIJA.)
In tandem with the changes in the foreign investment regime, the Indian government has also rehauled the defence procurement policy and introduced the new Defense Acquisition Procedure 2020 (DAP 2020)
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India is not alone in imposing measures to protect national interests from opportunist acquisitions. However, the implications for India, as a developing economy, maybe far-reaching as compared to the developed countries. As the Indian economy recovers from the pandemic, it is important to recognize that foreign investment, including investment from neighbouring countries, represents a key mechanism for supporting domestic industries and rebuilding India’s economic capacity.
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