Defence Contracts 2026

INDIA Trends and Developments

Trends and Developments Contributed by: Uday S. Ahlawat, Gaurav Bhalla and Shramona Sarkar Ahlawat & Associates Ahlawat & Associates is an Indian law firm advising businesses, investors, founders and institutions on transactions, investments, market entry, IP, technolo - gy, disputes and regulatory matters in India. Founded in 1978 as a litigation practice, the firm has evolved into a full-service practice with a strong cross-bor - der focus, while retaining a significant contentious practice. Ahlawat & Associates’s (A&A) work is or - ganised around three principal areas: transactions and investments, IP and technology, and disputes and investigations, supported by specialist practices

in foreign direction investment and India entry, de - fence and aerospace, labour and employment, real estate, education, tax, and business structuring. The firm’s multidisciplinary team operates across practice areas and jurisdictions and is recognised for its re - sponsiveness, accessibility, and practical approach to complex matters. A&A is particularly noted for its cross-border capability, partner-led service, and abil - ity to co-ordinate across practices and jurisdictions on demanding mandates.

Authors

Uday S. Ahlawat is the managing partner at Ahlawat & Associates and heads the firm’s corporate and commercial and defence and aerospace practices, focusing on M&A, joint ventures, private equity,

Gaurav Bhalla is a partner at Ahlawat & Associates and heads the firm’s technology, IP, data protection and online gaming practices and co-leads the defence and aerospace practice. Gaurav advises domestic and

corporate restructuring, and foreign direct investment (FDI). He advises a broad portfolio of domestic and international clients on inbound and outbound investments, India-entry strategies and complex transactions, including those involving the defence and aerospace, technology, telecommunications, real estate and IT sectors. Uday’s defence and aerospace practice covers defence-sector FDI, strategic investments, regulatory and licensing requirements, technology transfer and commercial arrangements, with particular experience advising international businesses seeking to establish or expand their presence in India’s defence ecosystem.

international clients (including Fortune 500 companies, multinational corporations, start-ups and emerging businesses) on regulatory, transactional and compliance matters across technology-led and strategic sectors. His defence and aerospace practice covers legal and regulatory issues arising from defence-sector investments, technology, IP, foreign investment and market entry. Gaurav is also involved in policy and legislative developments, including providing comments to the Indian government on proposed legislation affecting technology, digital businesses, and emerging sectors.

102 D EFENCE CON TRACTS 2 026

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