Dr. S Jaishankar and Ashwini Vaishnaw emphasize India’s commitment to arbitration as a crucial part of the ‘Make in India’ initiative. The newly inaugurated Arbitration Bar of India aims to provide skilled professionals, contributing to a conducive business environment. This initiative seeks to enhance India’s role in the global market and attract foreign investment.
Solicitor General Tushar Mehta showcased India’s historical arbitration expertise and emphasized the nation’s potential in arbitration. He aimed to position India as a global arbitration center, highlighting the government’s commitment. This move seeks to attract international arbitration cases, modernize India’s arbitration landscape, and enhance its reputation. The inclusive nature of the Arbitration Bar was also underscored.