---
title: India is set to welcome billions of dollars of foreign inflows when JPMorgan adds the country’s sovereign debt to its emerging markets index on Friday
description: "A move that some analysts say will leave it more vulnerable to fickle flows of hot money.\nThe inclusion of India marks the first time the bonds of the world’s fastest-growing large economy have been included in a major benchmark and is the latest move to open up a once closed-off market. It was only in 2020 that India removed foreign ownership restrictions on some rupee-denominated debt.\nThe inclusion of 28 government bonds worth more than $400bn will give India a 10 per cent share of the widely tracked measure, according to JPMorgan.\nAbout $11bn has flowed into Indian bonds as investors position themselves ahead of the formal inclusion, according to Goldman Sachs. The bank expects a further $30bn to arrive as the bonds are gradually incorporated into the index over the next 10 months, raising foreign ownership from around 2 per cent to about 5 per cent.\nSource: FT \nLink to the article >>>"
---

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# [India is set to welcome billions of dollars of foreign inflows when JPMorgan adds the country’s sovereign debt to its emerging markets index on Friday](https://blog.syzgroup.com/syz-the-moment/india-is-set-to-welcome-billions-of-dollars-of-foreign-inflows)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Jun 28, 2024, 9:12:16 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/india-is-set-to-welcome-billions-of-dollars-of-foreign-inflows)

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