The setting up of International Arbitration and Mediation Centre in Hyderabad in December 2021 is seen as an important step towards the plausible dream of making India, a global arbitration hub. The Centre, in a short span of time, has conducted more than 50 hearings, both administered under the IAMC Rules as well as ad-hoc with disputes aggregating USD 400 million.

Here are some more highlights on how the centre of excellence is going about achieving its vision.

• For the past three months, IAMC has been experiencing steady demand for its arbitration and mediation services as well as its infrastructural facilities from across the country.
• Twenty-two matters (including a batch of matters) have been referred to IAMC, Hyderabad by various Courts and Tribunals across the country including two matters from the Hon'ble Supreme Court of India.
• IAMC has organised and partnered four conferences/events nationally and internationally to create awareness in the field of Arbitration and Mediation by which it has gained attention among the business and legal community.
• The Centre is poised to continue its growth in a new four-acre space in pursuit of its vision and mission, the foundation for which was laid by The Hon’ble Chief Justice of India on March 12, 2022.
• IAMC's office infrastructure and secretarial facilities also served as a venue for arbitration hearings under diverse institutional Rules as well as some ad-hoc arbitrations nationwide. 
• IAMC has been a supporting organisation in various national and international events with leading National Law Universities in the country.
• The Centre is in the process of entering into an MOU with WE-Hub which is a one-stop destination for promoting women entrepreneurs in India.
• IAMC has collaborated with other Domestic and International Institutions to conduct training courses, awareness programs and conferences to encourage Arbitration and Mediation.
• IAMC has also seen a significant rise in membership of YIAMC (Young IAMC) among the students and young practitioners’ community.

While sharing IAMC’s first quarterly report since its inception, Tariq Khan, Registrar, IAMC’s says, 

"During IAMC's first three months of operation, a vision shared by our trustees has been transformed into a working proof of concept to support, develop and spearhead the institutionalization of Arbitration and Mediation in India. In this short timeframe IAMC, Hyderabad has been fortunate to administer a variety of disputes for an aggregate value of approximately USD 400 million covering a wide spectrum of matters from the energy sector, real estate to family disputes. It is my pleasure to report that 22 matters (including a batch of matters) have been referred to IAMC, Hyderabad by various Courts and Tribunals across the country including two matters from the Hon'ble Supreme Court of India".

"The enthusiasm and active engagement of the local bar with IAMC, Hyderabad is much appreciated as several ad–hoc arbitration proceedings have been conducted from our premises using our secretarial facilities. We have collaborated with other Domestic and International Institutions to conduct training courses, awareness programs and conferences to encourage Arbitration and Mediation. Importantly, IAMC, Hyderabad is slowly but surely taking its first steps to grow its international presence and footprint. In mid of March, IAMC, Hyderabad was pleased to partner a round table discussion covering varied perspectives on India as a seat of International Arbitration in Dubai. The Centre is also looking forward to releasing its Rules for International Arbitration soon", he adds.