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It is essential for a foreign company planning to enter India, to understand its culture, traditions and peoples’ mindset. Since these foreign companies will subject themselves to the Indian jurisdiction and Laws, it is also necessary to be familiar with the basic legal environment, before deciding to enter the country.
This report will serve as just a basic guide on the Indian Legal Environment, for the foreign companies. It covers some key point and risks related to the laws and policies applicable to doing business in India.
It covers the main laws linked to the three basic categories of international business, which are:
- Trade
- International licensing of technology and intellectual property
- Foreign direct investment
The Indian Judicial System
India is divided in to 28 States and 7 centrally administered regions, called "Union Territories"...
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