Skadden, Arps, Slate, Meagher & Flom LLP (JD Supra India)

On 22 June 2017, Skadden and Khaitan & Co hosted a seminar titled “Investment Trends in India” at the Institute of Directors in London. David Kavanagh QC, global co-head of Skadden’s International Litigation and Arbitration Group, gave the introductory remarks. Mr. Kavanagh was joined on the panel by Sanjeev Kapoor and Haigreve Khaitan, both partners at Khaitan.

Despite the headwinds facing Indian e-commerce start-ups, some of which had irrational cost structures and business models based solely on discounts, the overall success and potential of this sector, as well as its attractiveness to foreign investors, cannot be ignored.1 While China and the U.S. are currently the largest e-commerce markets in the world, India is the fastest-growing.2 The sector...

As part of the Indian government’s plans to encourage foreign investment, in 2015 it increased the foreign ownership cap in the Indian insurance sector from 26 percent to 49 percent. The increase, however, did not affect the long-standing rule that Indian insurance companies must remain “Indian owned and controlled.” Thus, for many foreign investors, the challenge has been understanding the...

This past year brought important political changes for the two largest economies in South/Southeast Asia. Although significant challenges remain, the election of a new government in India and a new president in Indonesia have been met with optimism by many participants in those countries’ markets.