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ARTICLE · 22 APRIL 2020

Establishing A Joint Venture In India

A joint venture (JV) is a tactical partnership where two or more people or companies agree to put in goods, services and/or capital to a uniform commercial project.

IndiaCoronavirus (COVID-19)
  • Joint venture company is the preferred form of corporate structure for foreign investors who are interested in doing business in India.
  • Through joint ventures, foreign investors have access to distribution channels, financial resources, and contacts of the Indian partners.
  • Corporate joint ventures are regulated by the Companies Act, 2013 and the Limited Liability Partnership Act, 2008.

A joint venture (JV) is a tactical partnership where two or more people or companies agree to put in goods, services and/or capital to a uniform commercial project.

For any successful joint venture in India, compatibility between the contracting parties is key.

To maintain a successful joint venture in India, the associated parties should have a clear goal and conditions should be written out in the clauses of the JV agreement.

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