Webinar Series on Global Expansion successfully held - Session 5: India
11 May，2026
On 29 April 2026, SW hosted the fifth session of its webinar series on global expansion, focusing on India. The webinar focused on the investment opportunities and complex challenges in India, the world’s fifth-largest economy, and featured professionals from SW India and officials from Guidance Tamil Nadu, the investment promotion agency of the Government of Tamil Nadu to provide participants with in-depth policy interpretation and practical advice to attendees.
A Perspective Beyond Risks and Opportunities
Jingwei Liu, Member of the Management Committee of SW China, highlighted India’s strong manufacturing potential driven by its 1.4 billion population and the “Make in India” initiative, while also pointing out the existing practical risks, including geopolitical factors and the complexity of the legal and operating environment. He emphasized that successful investment in India requires a balanced understanding of both opportunities and risks, and building a full life-cycle risk management and control system from the outset.
India Market Outlook and Opportunities
Kunal Mehra, Managing Partner and Co-founder of SW India, introduced the webinar’s key themes, analyzing India’s business environment, recent developments in taxation, transfer pricing and data privacy regulations, as well as investment opportunities in Tamil Nadu.
India’s New Income Tax Act and Transfer Pricing Reforms
Deepanshu Bajaj, Associate Director, Global Transfer Pricing & International Taxation of SW India, provided an overview of the core reforms under India’s new Income Tax Act 2025 and their implications for transfer pricing. The new legislation is centred on simplifying the tax framework, aligning with international standards and enhancing regulatory clarity. In the field of transfer pricing, the new law has strengthened the requirements for pre-compliance and document management, introduced new mechanisms aimed at reducing tax disputes, and adjusted a number of international tax forms.
New Digital Personal Data Protection Regime
Akhilesh Thakur, Partner & Advisory Leader of SW India, introduced India’s Digital Personal Data Protection Act 2023, clarifying the rights and obligations of data principals, data fiduciaries, data processors and other relevant roles. He highlighted specific compliance requirements for businesses in areas such as consent management, data security and breach notification, noting that the Act establishes severe penalty standards not linked to corporate turnover, which poses a major compliance challenge for businesses operating in India.
Tamil Nadu: A Manufacturing Gateway to India
Paul Arun, Chief Strategy Officer, Guidance Tamil Nadu, the Government of Tamil Nadu, introduced the unique advanges and supporting facilities of Tamil Nadu as India’s manufacturing hubs. It has balanced industrial layout in sectors including automobiles, customer electronics, heavy engineering and renewable energy, and efficient one-stop government services, the state continues to attract global investors, including a number of well-known enterprises.
Interactive Discussion and Closing Remarks
During the Q&A session, speakers emphasised the importance of proactive planning on tax, transfer pricing and compliance, supported by both internal expertise and professional advisers. Tony Zhao, Audit Partner, Shanghai Branch of SW China, moderator of the webinar, noted in the closing remarks that investing in India requires not only a global mindset, but also strong localisation capabilities and a deep understanding of the local business environment. SW will continue to support enterprises in navigating global expansion with professional and practical advisory services.
To watch the recording of Session 5 of the Webinar Series on Global Expansion: India, please scan the QR code below:
Previous Sessions
1st Session: on Singapore
2nd Session: on Malaysia
3rd Session: on Indo
4th Session: on Chile
Contact us
John Li
Deputy Director, Asia Pacific, SW International
Tel：+86-15000335511
Email：john.li@sw.international
Kunal Mehra
International Partner, SW India
Email: kunal.mehra@sw-india.com
Tony Zhao
Audit Partner, Shanghai Branch, SW China
Tel：+86-18616515818
Email：zhao_xianbo@shinewing.com
Leon Lei
Audit Partner, Chongqing Branch, SW China
Tel：+86-13983719643
Email：lei_fang@shinewing.com
Connie Ko
Brand & Marketing Manager, SW International
Email：connie.ko@sw.international
Kevin
Tax Manager, Shanghai Branch, SW China
Tel：+86-18017721146
Email：wangxiaochun_sh@shinewing.com