Robust contract management is becoming a board-level priority in Indian companies as it ensures compliance, mitigates legal and financial risks, enhances operational efficiency, supports strategic planning, leverages digital transformation, and strengthens stakeholder engagement in an evolving regulatory landscape.
Law Minister said institutional arbitration aligns with Indian culture and must be encouraged. He added, “India would soon become a leading hub for such arbitration,” highlighting the country’s growing role in global dispute resolution systems.
