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Post-COVID 19 Investment opportunity and India: Measures Necessary to Establish India as a World Investment Hub


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1 Central University of South Bihar, India
 

It is seen that besides single tax structure, reformed FDI approval process, reduced corporate tax, India has not been able to attract huge foreign investment inflows as expected and required. The COVID 19 catastrophe has brought hope, an opportunity before dispirited India to wrest investment from the firms moving out from the Chinese region due to China’s role in COVID – 19. Still, many have expressed the doubts that it is not certain that companies will shift India.

Investors’ dissatisfaction against India which started over delay in implementing arbitration award, cancellation of 2G spectrum licences and retrospectively amending the tax law, were the previous challenges which India was facing. In this study, we would examine how to grasp that opportunity. Besides fulfilling other infrastructure requirements such as matching production cost, supply chain, the legal and regulatory requirements would also be checked. This study is required as presently India is a party to only 14 BITs and negotiations on future BITs is pending.


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  • Post-COVID 19 Investment opportunity and India: Measures Necessary to Establish India as a World Investment Hub

Abstract Views: 297  |  PDF Views: 145

Authors

Avinash Kumar
Central University of South Bihar, India

Abstract


It is seen that besides single tax structure, reformed FDI approval process, reduced corporate tax, India has not been able to attract huge foreign investment inflows as expected and required. The COVID 19 catastrophe has brought hope, an opportunity before dispirited India to wrest investment from the firms moving out from the Chinese region due to China’s role in COVID – 19. Still, many have expressed the doubts that it is not certain that companies will shift India.

Investors’ dissatisfaction against India which started over delay in implementing arbitration award, cancellation of 2G spectrum licences and retrospectively amending the tax law, were the previous challenges which India was facing. In this study, we would examine how to grasp that opportunity. Besides fulfilling other infrastructure requirements such as matching production cost, supply chain, the legal and regulatory requirements would also be checked. This study is required as presently India is a party to only 14 BITs and negotiations on future BITs is pending.




DOI: https://doi.org/10.46700/asssr%2F2020%2Fv2%2Fi1%2F196122