It is a not-for-profit international arbitration organisation based in Singapore.
It administers arbitrations under its own rules of arbitration and the United Nations Commission on International Trade Law (UNCITRAL) Arbitration Rules.
Recently, it has given its verdict in Amazon’s favour, puts Future-Reliance deal on hold.
India was the top user of its arbitration seat with 485 cases being referred to SIAC.
India now has its own international arbitration centre in Mumbai.