On September 12, 2025, Ankur Munjal, Country Director of Dezan Shira & Associates, India, along with Umair Haque and Naina Bhardwaj, met with Senior Trade Advisors Arti Jain (AWEX) and Neelam Khurana (Flanders Trade and Invest) in New Delhi. The meeting took place against the backdrop of ongoing India–EU FTA negotiations and a successful Belgian Economic Mission to India in March further highlighting the potential for strengthened strategic ties between India and Belgium.
During the discussion, the Dezan Shira & Associates team highlighted key opportunities for Belgian firms in clean energy, pharmaceuticals, and advanced manufacturing. Arti Jain and Neelam Khurana noted India’s robust macroeconomic fundamentals and ongoing reforms, which make it an attractive FDI destination. With the India–EU FTA expected to be signed soon, Belgian companies stand to benefit from streamlined compliances, enhanced IPR protection, and expanded market access, supporting a more competitive and sustainable presence in India.
Addressing key considerations for entering the Indian market, Ankur noted, “India offers significant opportunities, but Belgian companies must understand its evolving regulatory environment, choose the right entry strategy, and prepare for compliance obligations such as Form 10F and BIS certification, which has become increasingly stringent recently.”
The Embassy of Belgium commended Dezan Shira & Associates for their comprehensive publications, regulatory updates, and the “Doing Business in India” guides, acknowledging the firm’s crucial role in assisting companies to establish and expand their operations in India.
If you are looking to explore investment opportunities, understand BIS certification requirements, or establish operations in India, please contact Ankur at ankur.munjal@dezshira.com or india@dezshira.com.
Dezan Shira & Associates’ Presence in India
With offices in Delhi NCR, Mumbai, and Bangalore, as well as associates in all other major cities, Dezan Shira Consultancy Services Private Limited offers robust compliance services and growth solutions to complex businesses entering India.
Our services in India include structuring & incorporation, tax & regulatory registration & compliance, due diligence, intellectual property & brand protection, business & tax advisory, HR administration, payroll management, and bookkeeping & accounting. Our legal & business advisory services include contract reviews, financial reviews, and CXO assistance services.
Should you have any questions or queries about investing or doing business in India, you can get in touch with our team in India here.
Further Resources
To learn more about the growing opportunities in India’s business environment, please visit our Doing Business in India Online Portal and India Briefing, where you can find resources such as:
- An Introduction to Doing Business in India 2025 [Guide]
- India’s Mandatory BIS Certification in 2025: Compliance Essentials for Businesses [Webinar]
- Guide to BIS Certification for Foreign Manufacturers [Article]
- India-Belgium Bilateral Relations: New Areas of Focus [Article]
- Establishing Global Capability Centers (GCCs) in India in 2025: Strategic Roadmap for Global Businesses [Webinar]
- Registering a Pharmaceutical Company in India: How to Obtain CDSCO & Drug License Approvals [Article]