Barriers in Indian Laws to the Internationalisation of Businesses

  • Bhuvanesh J. and Dr. S. Maruthavijayan
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  • Bhuvanesh J.

    Student at School of Excellence In Law, The Tamilnadu Dr.Ambedkar Law University, Chennai, India

  • Dr. S. Maruthavijayan

    Assistant Professor at School of Excellence In Law, The Tamilnadu Dr.Ambedkar Law University, Chennai, India

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Abstract

India has become an important player in the global economy, but there are some legal obstacles or restrictions imposed on the businesses that still make it hard for them to expand their businesses into international markets. Although the country has made progress in simplifying regulations, issues related to compliance, taxes, intellectual property rights, and trade policies, it still creates challenges for companies that want to operate globally. Various laws, including foreign exchange regulations, corporate governance norms, and sector-specific restrictions, create hurdles that can slow down international expansion. Judicial interpretations and policy changes over time have attempted to address some of these issues, but many legal constraints remain. This paper aims to analyse the key barriers in Indian laws that affect businesses' global expansion, how these challenges have evolved, and the possible reforms needed to facilitate smoother international trade and investment. By examining case studies and legal frameworks, this paper will provide information about the evolving legal landscape and its impact on India’s position in the global market.

Keywords

  • trade barrier
  • internationalisation
  • indian laws

Type

Article

Information

International Journal of Law Management and Humanities, Volume 8, Issue 2, Page 4138 - 4145

DOI: https://doij.org/10.10000/IJLMH.119482

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This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.

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