August Edition 2023
August Edition 2023
Against all hopes, the global economic recovery from the disruption caused by the pandemic is rapidly losing strength. The year continues to witness massive disruptions caused by Russia’s invasion of Ukraine, strengthening of the US dollar, and tightening of fiscal and monetary policies in advanced countries. The International Monetary Fund (IMF) in its July update of the World Economic Outlook cut its global growth projections for 2022 and 2023 from earlier this year, dubbing the world’s economic outlook as ‘gloomy and more uncertain’, evidently indicating towards a slowdown this year.
Despite global economic developments that have ushered countries into deep financial troubles, India received a record high FDI inflow of USD 83.57bn in FY 2022, pushing the country up to the 7th rank among the top 20 host economies for 2021, and crediting the milestone to the government's adjustments to the FDI policy.
While the IMF revised India’s economic outlook to 7.4% down from the previous estimate of 8.2%, the revision reflects mainly less favourable external conditions and rapid policy tightening. Striding the silver lining, India is projected to grow at a faster pace as compared to other developed economies.
Liberalised investment norms, relaxed regulatory hurdles, and nurtured international relations is making India a preferred investment destination. India is one of the world’s leading economies and is positioned to be a driver of global growth. With strong interest from foreign buyers, India’s M&A market has also been performing well, setting the stage for the market to witness a strong performance powered by technology, and offering MNC’s strong opportunities for growth.
This edition of the Indian Tiffin discusses international transactions for business growth spotlighting inbound transactions to India, featuring views from transaction experts on the versatility the Indian market offers global businesses and key facets to be aware of as these companies embark on inorganic growth transactions internationally.
Despite global economic developments that have ushered countries into deep financial troubles, India received a record high FDI inflow of USD 83.57bn in FY 2022, pushing the country up to the 7th rank among the top 20 host economies for 2021, and crediting the milestone to the government's adjustments to the FDI policy.
While the IMF revised India’s economic outlook to 7.4% down from the previous estimate of 8.2%, the revision reflects mainly less favourable external conditions and rapid policy tightening. Striding the silver lining, India is projected to grow at a faster pace as compared to other developed economies.
Liberalised investment norms, relaxed regulatory hurdles, and nurtured international relations is making India a preferred investment destination. India is one of the world’s leading economies and is positioned to be a driver of global growth. With strong interest from foreign buyers, India’s M&A market has also been performing well, setting the stage for the market to witness a strong performance powered by technology, and offering MNC’s strong opportunities for growth.
This edition of the Indian Tiffin discusses international transactions for business growth spotlighting inbound transactions to India, featuring views from transaction experts on the versatility the Indian market offers global businesses and key facets to be aware of as these companies embark on inorganic growth transactions internationally.