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India

India has the 7th largest economy in the world and has maintained GDP growth rates of nearly 6% for the past 20 years, replacing China as the world's fastest growing major economy at the end of 2014.

The country is increasingly integrating into the global economy, successfully exporting innovations in IT and manufacturing, amongst other industries. The agreement of the Comprehensive Economic Cooperation Agreement between India and Singapore in 2005 has catalysed an extensive flow of business between the two states.

We work with many successful Indian families, as well as multinational Indian companies operating in key economies around the world. Teams in Singapore, London, Hong Kong and the US lead these relationships, and Indian clients benefit from our extensive international network.

Recognition

Tatler HNW 2022

Focus areas

Families and family offices

Government

Family businesses

Energy

High-net-worth individuals

Track record

State Bank of India in luxury hotel development

The Old War Office at 57 Whitehall, London is a prestigious and historic building. We were proud to act for State Bank of India in its client Hinduja Group's purchase of the site, which is to be converted into a luxury hotel.

Major banks in India

We advised major Indian banks in respect of trade finance facilities for a number of their UK customers.

Lending for a rice factory in Central India

We acted for an Indian bank lending alongside the World Bank in the building of a rice factory in Central India.

India Ukraine arbitration

The awarding of an infrastructure contract in Ukraine to an Indian infrastructure company led us to work on an arbitration to deal with a dispute regarding the contract.

Clients domiciled in India and Pakistan

Advising a number of clients who are domiciled in India and Pakistan on the structure of their wills to maximize the possibility of tax treaties with the UK applying on death. This can protect UK assets from charges to UK inheritance tax notwithstanding the clients being UK deemed domiciled through long term residence.

Insight

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