In a significant development towards India’s ambition of becoming a global hub for arbitration, the Andhra Pradesh government has announced plans to establish a world-class international arbitration centre in Visakhapatnam. The announcement was made by Andhra Pradesh Chief Minister N Chandrababu Naidu at the International Mediation Conference held in Visakhapatnam on September 7, 2025.
The proposed centre is envisioned to have state-of-the-art infrastructure, including world-class courts, conference facilities, and support services. This move aims to provide a competitive edge that could potentially position Visakhapatnam at par with established arbitration centres such as Singapore.
Addressing the gathering at the International Mediation Conference, Naidu emphasized the importance of arbitration in building investor confidence and fostering economic growth. He highlighted that the centre will offer tax incentives and other benefits to arbitration institutions and companies that choose Visakhapatnam as their seat for international disputes.
The move is seen as a strategic step towards attracting foreign investments and strengthening India’s position in the global arbitration landscape. It comes amidst growing recognition of India as a preferred destination for businesses and investments, with the country witnessing significant growth in various sectors.
The proposed centre is expected to generate employment opportunities and stimulate economic activity in the region. Law graduates like Aum Thakur are eagerly awaiting this development, seeing it as an opportunity to gain practical experience in international arbitration.
The Andhra Pradesh government’s ambitious plan to establish an international arbitration centre in Visakhapatnam is a testament to the state’s commitment to economic development and its aspiration to play a leading role in the global economy. As this story develops, we will continue to monitor progress and bring you updates on this significant initiative.
