GST, BANKRUPTCY LAWS WILL EMERGE FACILITATOR FOR INBOUND & OUTBOUND M&A: PHD CHAMBER

GST, BANKRUPTCY LAWS WILL EMERGE FACILITATOR FOR INBOUND & OUTBOUND M&A: PHD CHAMBER

GST, BANKRUPTCY LAWS WILL EMERGE FACILITATOR FOR INBOUND & OUTBOUND M&A: PHD CHAMBER

 

No.PR-118
November 17, 2016
New Delhi
 

GST, BANKRUPTCY LAWS WILL EMERGE FACILITATOR FOR INBOUND & OUTBOUND M&A: PHD CHAMBER
 

Global Investment and Acquisitions Forum 2016 held under joint aegis of PHD Chamber of Commerce and Industry, Corporate Catalyst India Pvt. Ltd. and M&A Worldwide, has forecast that with GST and Bankruptcy Laws in place, prospects for mergers and acquisitions both inbound and outbound would grow proportionately in India.
 

The Forum also felt that India is no longer experimental zone for multi nationals for their operations as it has evolved so much in the last couple of years that global giants have strategies for setting up of their operations in India because of its emerging potentials which promise higher returns on investments.
 

The unanimous view of the forum was that multi nationals and global giants that would earlier set up representative offices and liaison channels in India as part of their strategy to open up offices in India have moved on to a next phase as per which their strategies are to launch their corporations and begin business with their counterparts in joint venture sector.
 

This change has come after the new government has come to power with Prime Minister Narendra Modi at the helm of affairs.  This view was expressed here today by mergers and acquisitions experts such as Chairman, M&A Worldwide, Bjorn Voigt; Director, Corporate Catalyst India, Mr. Ajay Sethi; Chairman, International Affairs Committee for Europe, PHD Chamber, Mr. Mohit Jain and its Secretary General, Mr. Saurabh Sanyal and Director, Mr. Yogesh Srivastav.
 

The Forum was presided over by the National Spokesperson of BJP Mr. Nalin Kohli who spoke about all the schemes of economic policies including demonetization and its benefits on M&A.
 

Ends.

Koteshwar Prasad Dobhal
Consultant (PR)