India, Sept. 21 -- As India continues to endeavor to become self-reliant - or Atmanirbhar - across various fields, including manufacturing, services, agriculture, technology, and energy, an equally important area of focus is self-reliance on the legal front. This is particularly crucial for arbitration, which remains one of the preferred routes for resolving commercial disputes.

Indian corporates have traditionally favored destinations like Hong Kong, Singapore, and London to resolve cross-border contractual disputes. However, amid India's growing economic influence, experts believe it is high time for cities like Delhi or Mumbai to emerge as preferred arbitration hubs, particularly for disputes involving Indian businesses.

Senior Couns...