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India Debates Reducing Reliance on Foreign Arbitration Institutions

India Debates Reducing Reliance on Foreign Arbitration Institutions
India's Legal Fraternity Questions Reliance On Foreign Arbitration · deccanchronicle.com

Indian companies often send business disagreements to arbitration centres outside India.

These centres are used because companies see them as neutral and predictable.

Justice Manmohan said India sent about 178 cases to one Singapore centre last year, but Indian lawyers received only about 31 tribunal positions.

Some legal experts think India should build stronger arbitration institutions at home.

India has already changed its arbitration law several times to make cases faster and fairer.

It has also created institutions such as the Delhi International Arbitration Centre.

The main challenge is making businesses trust Indian institutions.

Supporters say the goal should be professional and independent arbitration, not favoritism toward Indian companies.

Key facts

SIAC references from India
About 178 last year
Indian tribunal seats at SIAC
Around 31 last year
Event
India-Singapore Legal Bridge
Event date
August 28, during Singapore Convention Week 2026
Indian arbitration reforms
Amendments to the Arbitration and Conciliation Act in 2015, 2019 and 2021
Domestic institution cited
Delhi International Arbitration Centre
Foreign arbitration seats cited
Singapore, London and Hong Kong

Quotes

Tushad Cooper

Senior counsel commenting on India's arbitration ecosystem

“This is not an argument for protectionism. Nor should Indian arbitration become an instrument for favouring Indian parties. The objective should be to create institutions that are so independent and professionally administered that neither side needs to worry about where the arbitrator comes from.”
deccanchronicle.com
“The issue is not whether foreign arbitration centres are good. The real question is whether Indian and eventually global companies trust India just as much. India cannot become an economic powerhouse while exporting its disputes.”
deccanchronicle.com

Sources

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