-Mr. Gagan Anand, Managing Partner, Legacy Law Offices LLP
Self and Company Introduction.
I am a 5th generational dual-qualified lawyer, presently heading Legacy Law Offices LLP in the capacity of a Managing-cum-Designated Partner. Having been associated in the field of law for over 27 years, I have attained a diversified experience in many sectors including real estate and construction; projects, infrastructure, & energy; water supply & waste management; education & skill development; IT & ITES; power transmission & distribution; city beautification and development; as well as various other sectors, where I have rendered professional legal services in practice areas pertaining to dispute resolution & arbitration; company and corporate compliance; corporate, commercial, & transaction advisory; contract, project & bid-process management; and many other areas. Within such a vast expertise, I have also been hailed as a Public-Private Partnership Expert, wherein my contribution has been appreciated and awarded even by the Vice President of India.
Legacy Law Offices LLP has also been the bearer of many awards, rankings, and recognitions, before a number of global directories, owing to our proven expertise in all the aforementioned sectors and practice areas. With a national and international outreach, Legacy has extended its footprint to countries like Yemen, Vietnam, Kingdom of Saudi Arabia, United Kingdom, Tanzania, Zambia, Kenya, and Mongolia. In addition to this, we have also rendered successful legal services in relation to the establishment and smooth functioning of offices for a plethora of companies originating from countries like the United States of America, and Canada.
What are the business and investment opportunities you see between India and France?
With the continuously developing relations between the two countries, it is interesting to see both economies open up to the entry of other’s businesses and subsidiaries, which ensures growth opportunities and reduced costs for the establishments, thereby ensuring an increased inflow of foreign investment and increased job opportunities for the base country, be it India or France. According to the recent statistics provided by the Department for Promotion of Industry and Internal Trade (DPIIT), France accounts for the eleventh largest foreign investor in India.
Additionally, with a solid intention of both economies to promote and improve business and investment opportunities to aid the India-France trade, many Indian and French companies and organizations are looking forward to establishing themselves in other countries that will benefit both economies, especially in the defence sector, education sector, IT, pharmaceuticals, biotechnologies, agri-food and so much more. French organizations are also looking forward to investing in various green technologies and procedures being developed and look forward to getting interesting returns and privileges in exchange for the same.
What are some of the key challenges faced by the French business industry operating in the Indian market? Can you describe some of the strategies or best practices to overcome these challenges?
Despite the dynamic and changing Indian market, French companies and establishments face certain challenges and hurdles in Doing Business in India. Some of the most basic challenges faced by the French companies include fluctuations in power supply, power cuts and voltage fluctuations especially in setting up of industrial units, lengthy and complicated procedures for obtaining permits, increasing concern regarding theft of intellectual property, complex tax regimes and procedures, etc.
What have been the biggest accomplishments of your organization in the last few years?
The growth of Legacy Law Offices LLP has been on a growth curve since the past few years, with a number of milestones in terms of new clients, cases and recognitions. In the recent years, Legacy has been widely ranked across a number of well-reputed platforms, including Legal 500, IFLR1000, Benchmark Litigation and AsiaLaw, while many of our Partner have been individually ranked as Women Leaders, Rising Stars, and even Highly Regarded Lawyers. In addition to this, we have also been on the receiving end of various highly fruitful mandates from various public and private sector companies and have even acted as Legal Advisors for a number of IPOs, where the major chunk of work conducted by the Firm has attained impeccable appreciation.
In fact, an ongoing achievement of Legacy Law Offices LLP is also marked by its ongoing assignments with International Funding Institutions like Asian Development Bank and United Nations Development Programme.
How has IFCCI added value to your organization in India?
IFCCI has provided us an excellent platform to be able to interact with people from different industries and sectors, and has further helped us explore new business opportunities and investment options to explore new trends that are currently employed by various different organizations, that will help us better ourselves.