evidence: The business climate in India is currently the best it has ever been. India has had a stable government since 2014, which has steadfastly focused on improving the ease of doing business in India, which steps have propelled India to 63rd place amongst 190 countries in the World Bank’s Ease of Doing Business rankings of 2020 in contrast to India’s 142nd place in 2014. India has improved its rank in 7 out of 10 indicators and has moved closer to international best practices. Recently, the government has also introduced a bill to abolish retrospective taxation which presents a clear and predictable taxation law to provide impetus to India’s aim of becoming a USD 5 trillion economy. [...] The industries/ sectors which are attractive to foreign investors are Services (Computer Software, Information Technology enabled services, Outsourcing, Fintech, Education and Consultancy), IT, Telecom, Chemicals, Pharma and Automobiles. Deal momentum continues to be robust, driven by transactions which are evidently led by new-age sectors such as technology, digital, e-commerce, Fintech, etc. India now ranks as the third-largest startup ecosystem globally and is home to over 50 unicorn startups in the new-age sectors and counting.