Sebi Chief Highlights India's Appeal for Global Investors in San Francisco
Sebi chief flags India’s openness to global capital
The Economic TimesImage: The Economic Times
During an investor interaction in San Francisco, Tuhin Kanta Pandey, the chief of the Securities and Exchange Board of India (Sebi), emphasized India's attractiveness for global capital, citing strong economic fundamentals and a supportive regulatory environment. He outlined Sebi's risk-based approach aimed at simplifying foreign investment processes and enhancing market stability.
- 01India is positioned as a top destination for global investors.
- 02Sebi focuses on simplifying access for foreign investors.
- 03Recent measures include easing foreign portfolio investor registration.
- 04The role of domestic investors is growing in market resilience.
- 05India's economic fundamentals remain strong amid global volatility.
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Tuhin Kanta Pandey, the chief of the Securities and Exchange Board of India (Sebi), stated that India is a prime destination for global investors during an event in San Francisco organized by the Confederation of Indian Industry and the Consulate General of India. He highlighted the country's robust macroeconomic fundamentals and a reform-oriented regulatory framework that fosters an inviting environment for foreign capital. Pandey mentioned Sebi's risk-based and facilitative approach, which aims to simplify processes for foreign investors while enhancing market integrity and ensuring stability in capital markets. He also noted recent initiatives by Sebi to streamline foreign portfolio investor registration and Re-KYC processes, as well as the growing significance of domestic investors in providing market depth amidst global economic fluctuations.
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The initiatives by Sebi could lead to increased foreign investment in India, benefiting local businesses and the economy.
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