Month: March 2025

reciprocal tariffs

Reciprocal Tariffs: What Can India Expect?

Insights | March 31, 2025 | Practice Area: ,

The recent announcement of reciprocal tariffs by the U.S. government, aimed at addressing trade imbalances and reinforcing domestic economic security, marks a significant shift in global trade policy. As India remains a key trading partner of the U.S., these tariffs are expected to reshape bilateral trade dynamics and may pose challenges for Indian exporters.
With the U.S. being India’s biggest export market, sectors such as engineering goods, pharmaceuticals, and electronics may face potential disruptions. To mitigate the impact and safeguard economic interests, the Indian government has undertaken strategic measures, including tariff reductions and negotiations for a Bilateral Trade Agreement (BTA).
This note examines the implications of the U.S. reciprocal tariff regime for India, assesses the government’s response, and outlines potential strategies to navigate the evolving trade landscape.

clean energy

Clean Energy: Issue 1 of 2025

Quarterly Roundups | March 20, 2025 | Practice Area: , ,

Issue 1 of 2025 of our Quarterly Roundup Series on Clean Energy covers the period between October 2024 and January 2025. This Issue tracks key regulatory developments in the covered period involving solar and wind generation, green hydrogen/ammonia production, EVs, tariff, and connectivity, and includes miscellaneous updates and key announcements from the Union Budget of February 2025.

public private partnerships in india

Public Private Partnership in Redevelopment Efforts

Insights | March 19, 2025 | Practice Area:

Public-Private Partnerships (“PPPs”) play a crucial role in India’s urban redevelopment by leveraging government support and private sector efficiency. Maharashtra, especially Mumbai, leads with initiatives like the Slum Rehabilitation Scheme (“SRS”), while CIDCO in Navi Mumbai streamlines approvals for faster execution. Despite challenges like resident consent and financing, PPPs drive sustainable development through strategic risk-sharing, community engagement, and efficient project management. This note explores how PPPs play a vital role in India’s urban redevelopment, particularly in Mumbai, while examining the current challenges and opportunities in PPP-driven redevelopment.

nuclear energy in india

The Legal Framework for Nuclear Energy in India: The Way Ahead

Insights | March 17, 2025 | Practice Area: , , , , ,

Despite significant progress made by India with respect to renewable energy, its nuclear power capacity remains relatively small. Recognizing the necessity of nuclear energy deployment to achieve net-zero targets, including the advantages that such deployment offers over renewable sources of power, the Indian government has renewed its focus on the nuclear sector in the budget announced on February 1, 2025, including through permitting private and foreign investment in the sector.
However, India’s plans to promote private/foreign investment in the nuclear sector require certain changes to the existing legal regime, including with respect to civil nuclear liability. In that regard, the government appears keen to introduce necessary legislative amendments soon. This note aims to discuss current challenges and potential modifications with respect to such laws.

RERA

RERA: Issue 1 of 2025

Quarterly Roundups | March 10, 2025 | Practice Area:

This Quarterly Roundup pertains to cases related to Real Estate Regulation Act, 2016 (“Act/RERA”) for the period between October and December 2024. Issue 1 sets out a compilation of selected judgements, orders and circulars for the covered period, highlighting recent legal developments influenced by the continuous changes in the real estate sector. These decisions reflect the perspective of the Real Estate Regulatory Authorities, essential for the interpretation of the Act and shaping the legal framework. This compilation of judgments and orders serves as an essential guide to understanding the implications of RERA’s evolving framework.

Fast Track Mergers

Fast Track Mergers in India: Feasibility and Key Legal Challenges

Insights | March 4, 2025 | Practice Area: ,

The Companies Act, 2013 introduced the Fast Track Merger route for certain companies as an alternative to the cumbersome National Company Law Tribunal (NCLT) process. This note outlines the procedural requirements, analyzes recent amendments aimed at strengthening and broadening the Fast Track Merger framework and attempts to identify key procedural challenges and suggestions that may be considered to increase the efficacy of the Fast Track Merger route.

data centers in Maharashtra

Incentives and Laws for Data Centers in Maharashtra

Insights | March 3, 2025 | Practice Area: ,

The state of Maharashtra has taken initiatives in establishing policies to promote the expansion of data center industry. The Maharashtra Government last year approved the establishment of green integrated data center parks with an expected investment of INR 1,600 billion in order to strengthen the states’ digital infrastructure. As the state rolls out the carpet for multinational companies and conglomerates to set up data centers, it is vital for the prospective investors to be aware of (i) steps/local laws and regulations involved in acquisition of land for setting up data centers and (ii) various incentives introduced by the Maharashtra Government as regards acquiring land for data centers. This note analyzes the policies introduced by the Maharashtra Government with a particular focus on acquisition of land for data centers.