Top sector for foreign investment in India


Did you know?

India has finally opened up its insurance sector to private and foreign investors. See report.

Opportunities for foreign investors in Indian stock markets

Merill Lynch, Oppenheimer,
J.P. Morgan, Morgan Stanley, Grindlays,
Standard Chartered, HSBC,
American Express are among the foreign financial giants operating in India.


Financial services (banking and non-banking)


Promising sub-sectors
Capital markets
Venture banking
Consumer financing
Mutual funds
Infrastructure financing

Just opened up!
Insurance see report
  • India has one of the most developed financial markets in the developing world. Tremendous scope exists for both banking and non-banking financial institutions from other countries. The insurance sector, nationalised suinmce 1971, has been opened up according to an announcenebt made in November 1998. A legislation to to this effect is expected by early 1999.

  • Top companies from the United Kingdom and the United States among others are already active in India's financial markets. markets. Some of the big names are: Merrill Lynch, Oppenheimer, J.P. Morgan, Morgan Stanley, Grindlays, Standard Chartered, Hong Kong and Shanghai Banking Corporation among others.

  • India already has foreign exchange reserves of US$27 billion which is considered very comfortable, but the country needs to use foreign skills and networks to be able to manage the huge sums for its development needs.

  • Indian firms are showing increasing liking for Global Depository Receipts (GDR) listed in London. American institutions are trying to promote American Depository Receipts (ADR) listed in New York.

  • After much dithering, India has finally opened up the insurance sector to private and foreign investors. Click here for details.

Insurance sector to open up
Go to secondary market reforms
Go to stock markets report and stock exchange websites 
Opportunities for foreign investors in stock markets
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