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Policy● Neutral for Indian equities
India’s FDI treaties fell from 73 to 8: What happened after the 2016 Model BIT?
The brief
- India’s investment treaties in force fell from 73 in 2015 to eight by 2021
- Economist Surjit Bhalla called for a rethink of the treaty approach
- A stronger treaty framework could support FDI inflows and benefit Indian infrastructure and manufacturing