India

India is assessed as HIGH risk.

 

India's political landscape is likely to remain stable in the forthcoming years as the newly elected govenment continues to improve the stability of the situation.

 

The ongoing terrorism threat to India from both domestic actors and international actors continues to grow.

 

Logistic risks can include politicaly motivated blockades and stops by militant groups. 

Political Risk

• Political stability is high at present compared to recent decades. The current ruling party's mandate will likely end the political paralysis India has faced in recent times

• The threat from government expropriation in India remains low, especially in sectors that positively affect foreign investment

• The election of the Bharatiya Janata Party (BJP) in the May 2014 parliamentary election is likely to reduce currency risk by stabilising the Indian economy allowing for economic recovery

• Tax risk for foreign investors will likely decrease in the coming months as the new government promise to simplify tax laws

• Bribery and corruption in the public sector remains rife

• It is likely that contract risk will improve in the medium term as the newly appointed government will likely streamline procedures within the public sector

 

Asset Risk

• Assets in India could be at risk from collateral damage from civil unrest. Widespread violent unrest in commonplace in some areas

• Terrorism risk is increasing in India and the threat to infrastructure in India will continue to grow - especially in major cities

 

Logistic Risk

• Ground cargo is at significant risk of attack in certain states by the Naxalites, a Maoist rebel movement. Rail and road cargo is also likely to be blocked by politically motivated blockades across the country during times of political change or uncertainty

• Piracy is a lower risk for marine cargo. There remains a possibility of a terrorist attack on marine infrastructure and sea cargo

• Aviation risk is low in India, however smaller aircraft are at risk of being targeted by militant groups

 

Personnel Risk

• The travel risk for personnel to India is assessed as moderate with high areas

• High crime levels in urban areas presents a risk to travellers throughout the country

• The risk of personnel being unduly detained by authorities is relatively high and prolonged detentions can occur before a trail is granted

• There is a significant threat to travellers from terrorist activity in certain areas

• Kidnap and ransom can occur to foreign business persons in areas targeted by the Naxalites

 

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