Opportunity abounds as India gains entry to JP Morgan's bond index

'Significant foreign investor inflows’

clock • 6 min read

It has been a year of meticulous productivity and many successes for India, the world's fifth largest economy, and there are still more than two months to go.

2023 has so far seen the country celebrate a milestone in space exploration, bolster its position as an international manufacturing hub and strengthen global alliances - which has included issuing a 29-point joint statement on areas of cooperation from its prime minister, Narendra Modi, and US President Joe Biden. Meanwhile, India's domestic bourses, the Sensex and Nifty 50, defied cynics and reached record highs of 67,771 and 20,167.65, respectively, early last month. On 22 September, US bank JP Morgan announced it would be adding India to its Government Bond Index-Emerging Markets i...

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