Interview: India Needs an Integrated Approach to Become a Global Arbitration Hub – Jimmy Yim

In an exclusive interview, Jimmy Yim emphasized that India has the potential to become a global arbitration hub but needs a more integrated approach. He highlighted the importance of streamlining legal frameworks, enhancing infrastructure, and promoting awareness of alternative dispute resolution mechanisms. Yim pointed out that India’s legal talent is globally competitive, yet procedural inefficiencies, delays, and fragmented practices hinder its attractiveness for international arbitration. He recommended adopting best practices from leading arbitration centers, such as Singapore and London, including institutional support, enforceable awards, and arbitration-friendly legislation. The discussion also touched upon the need for specialized courts, digital case management, and training programs to develop skilled arbitrators and legal professionals. By promoting a coherent, transparent, and efficient arbitration ecosystem, India could attract more cross-border disputes, boost investor confidence, and position itself as a preferred forum for resolving commercial disputes. Yim stressed that collaboration between the government, judiciary, and private sector is crucial to achieving this vision and creating a globally competitive arbitration environment in India.