[Indepth] India’s Bilateral Investment Treaties (BITs) – An Overview

India's approach to Bilateral Investment Treaties (BITs) has been under significant transformation, especially since the adoption of the 2016 Model BIT, which led to the termination of numerous existing treaties and a reevaluation of investment protection mechanisms. Amidst this backdrop, recent developments indicate a renewed focus on negotiating BITs to promote foreign investment, with notable efforts including negotiations with countries like the UK and a landmark treaty with the UAE, aiming to align India's BIT framework with global practices and stimulate economic growth.

Historical Context and Evolution of India's BIT Program

• Early stages of India’s BIT program
  • Initiated with the <