India’s FDI regime is increasingly taking the
form of difficult conditions rather than a simple approval
requirement according to speakers at this year’s
IFLR India M&A Forum in Mumbai.
While major steps have been taken by the Indian government
to lower the overall threshold for foreign direct investment,
new challenges are now facing offshore investors.
"The level of complexity (in terms of FDI) has increased
Shishir Vayttaden, partner at Cyril Amarchand Mangaldas in
Mumbai. He argued that the need for sophisticated advice and
for liaising with the right agencies is greater now than it was
for foreign investors in India.
"That is why even when a business looks attractive, you
don’t see stable lasting money following in under