Legal Nature and Structure A joint venture is typically project-specific and temporary. A partnership is a continuing relationship between partners. Joint ventures may form a new legal entity or operate contractually. Partnerships are governed under the Indian...
Definition and Purpose A joint venture is a business agreement where two or more parties agree to pool resources. The purpose is to achieve a specific task or business objective. Each party contributes assets, shares risks, and profits. It combines the strengths of...
The Ministry of Defence (MoD) has formally outlined a new strategy to encourage joint venture (JV) opportunities for private sector players in India’s growing defence manufacturing landscape. As part of the broader Atmanirbhar Bharat initiative, the ministry aims to...
The Indian government has unveiled a new regulatory framework aimed at fostering joint ventures (JVs) in the country’s space sector, marking a significant policy shift to open up this high-potential domain to broader participation from private industry. Spearheaded by...
The Indian government is actively leveraging its Production-Linked Incentive (PLI) schemes to attract joint ventures (JVs) in the electronics manufacturing sector, a strategic area for boosting domestic production and reducing reliance on imports. With billions of...
In a move to further streamline business consolidation processes, the Ministry of Corporate Affairs (MCA) has proposed an expansion of the fast-track merger framework to include a broader range of joint venture (JV) entities. Currently, fast-track mergers under the...
The Indian government has introduced a series of policy changes aimed at fostering domestic joint ventures in critical sectors such as defense manufacturing, clean energy, semiconductors, and digital infrastructure. These sectors are vital to the country’s strategic...
Introduction India’s economic landscape is being reshaped by a series of government-led initiatives aimed at promoting industrial growth, self-reliance, and global competitiveness. One of the most significant among them is the Production Linked Incentive (PLI) scheme,...
Introduction India has been placing increasing emphasis on “localisation” — the requirement to manufacture, source, or operate a significant portion of business within the country. This policy direction is reflected strongly in joint ventures (JVs), especially in...
Introduction Joint ventures (JVs) in strategically sensitive sectors—such as defense, telecom, nuclear energy, space, and critical infrastructure—require specific approvals beyond general corporate or regulatory compliance. These sectors are considered vital to...