Comparative Assessment of India As A Destination For International Arbitration in the Era of Technology
- DOI
- 10.2991/978-94-6239-618-0_16How to use a DOI?
- Keywords
- International Commercial Arbitration; Institutional Arbitration; Global Economy; Arbitral Awards; Artificial Intelligence
- Abstract
In this contemporary era of technology and artificial intelligence, no business entity is inclined to engage itself in the time-consuming traditional dispute resolution system of litigation. Despite possible disputes, there is always an inclination to resolve disputes in an amicable manner in line with modern techniques of International Arbitration. In that arena, there are couple of destinations in South East Asia, specifically Hongkong and Singapore, have stamped their authority around the world as effective centres of International Commercial Arbitration (ICA). Arbitral Institutions of these countries are using AI techniques very efficiently to conduct the Arbitration. It is notable thing that India has become the forth-largest economy in the world. Moreover, India aims to achieve a $5 trillion economy by 2026–27, potentially becoming the third-largest economy globally. Consequently, Cross- Border Commercial disputes involving India as a party are also growing rapidly. This has attracted attention of the world community on India’s capabilities in the area of International Arbitration specifically in the time of Artificial Intelligence. Now It is the time of Bharat to ensure its name among the leading destination for Arbitration by adopting most effective, efficient and techno friendly ecosystem of Arbitration. There are certain factors including enforcement of arbitral award, efficient institutional arbitration, use of modern technology, etc. make any country as most favoured destination of International Arbitration. But in last few years India has taken various reformative steps to emerge as a hub of International Commercial Arbitration with comparison to Singapore and Hong Kong.
- Copyright
- © 2026 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Parth Upadhyay AU - Monica Kharola AU - Gyanendra Tripathi PY - 2026 DA - 2026/03/16 TI - Comparative Assessment of India As A Destination For International Arbitration in the Era of Technology BT - Proceedings of 3rd International Conference on Library & Technology on “Artificial Intelligence and Humanities in Library and Education 4.0 (AIHLE 2025) PB - Atlantis Press SP - 211 EP - 223 SN - 1951-6851 UR - https://doi.org/10.2991/978-94-6239-618-0_16 DO - 10.2991/978-94-6239-618-0_16 ID - Upadhyay2026 ER -