India Moves to Revise Its Model Bilateral Investment Treaty
The Government of India announced earlier this year that it plans to overhaul its Model Bilateral Investment Treaty (BIT), signalling a shift toward a more investor-friendly framework aimed at boosting foreign direct investment and restoring confidence in its treaty regime. The reform aims to depart from the more restrictive 2015 Model BIT and instead will seek to rebalance investor security with India’s need to preserve regulatory space. It is expected that the new Model BIT will introduce stronger substantive protections, streamline dispute-settlement mechanisms, and offer clearer guarantees to foreign investors, positioning India to enhance its competitiveness in the global investment landscape while still maintaining safeguards for sovereign policy objectives.