India's Arbitration Ecosystem Strengthens with Emerging Reforms and Institutional Developments

The Government of India has implemented significant reforms in arbitration legislation over the past decade, aiming to situate India as a global hub for arbitration. This includes multiple amendments to the Arbitration and Conciliation Act and establishing the India International Arbitration Centre. Despite these strides, the Arbitration Council of India is yet to be constituted. The new measures emphasize concluding arbitration proceedings swiftly, ensuring arbitrator neutrality, and promoting institutional arbitration.

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