India: A Prime Destination for Global Capital, Says SEBI Chairman
Synopsis
Key Takeaways
New Delhi, April 11 (NationPress) Tuhin Kanta Pandey, the Chairman of the Securities and Exchange Board of India (SEBI), announced that India remains a welcoming and attractive hub for global capital. This assertion is backed by robust macroeconomic fundamentals, a growing investor community, and a policy environment focused on reform.
Pandey spoke at an interactive forum organized by the Confederation of Indian Industry (CII) and the Consulate General of India (CGI) in San Francisco, aimed at engaging global investors and leaders from the venture capital sector.
The gathering convened key industry figures and members of the Silicon Valley venture capital community to discuss investment prospects and the developing India-US economic relationship.
In his address, Pandey reiterated SEBI's dedication to a transparent, consultative, and technology-driven regulatory framework, emphasizing India's resilience amid global economic fluctuations.
"India is open and receptive to global capital. SEBI's strategy is risk-based and facilitative, focusing on simplifying access for foreign investors, enhancing market integrity, and ensuring the long-term stability of our capital markets," he stated.
He pointed out recent initiatives aimed at streamlining the registration process for Foreign Portfolio Investors (FPI), enhancing the re-KYC process, increasing digital platform utilization, and the growth of initial public offerings (IPOs) and alternative investment funds. Additionally, he noted the significant role of domestic investors in fostering market depth and resilience.
On the economic front, Pandey highlighted that controlled inflation, strong foreign exchange reserves, and stable external accounts are crucial to India's economic robustness, which is among the highest growth rates worldwide.
Meanwhile, K. Srikar Reddy, Consul General of India in San Francisco, remarked that "India is one of the fastest-growing major economies globally, bolstered by ongoing reforms, a dynamic startup ecosystem, and exceptional digital public infrastructure. Strengthening partnerships with global investors, especially from the United States, is essential for India’s journey to becoming a developed nation by 2047," he emphasized.
Reddy further noted that bilateral trade between India and the United States has surpassed $240 billion, with a mutual aim of reaching $500 billion by 2030.
Additionally, Ramakrishnan Mukundan, CII President Designate and Managing Director & CEO of Tata Chemicals, stressed the necessity for collaboration among the government, industry, and global capital to sustain India’s growth trajectory.
"India’s advancement in the coming decades will hinge on collaboration. Global partnerships, particularly with the United States, are vital for scaling innovation, enhancing manufacturing, and creating sustainable value. The Indian industry is firmly devoted to strengthening this corridor," he stated.
The session fostered open dialogue between investors and policymakers, with feedback focusing on simplifying regulatory processes, improving clarity in cross-border investment frameworks, boosting the availability of growth-stage capital for deep-tech ventures, and accelerating the digitalization of onboarding and compliance systems.