Indian Stock Market Blog

Source Business Standard (India):

The number of foreign institutional investors (FIIs) registered with the Securities and Exchange Board of India (Sebi) crossed the 1,000 mark.

The total number of FIIs having their offices in India has now increased to 1,030. In the beginning of calendar year 2006, the figure was 813.

As many as 217 new FIIs opened their offices in India during the current calendar year. This is the highest number of registrations by FIIs in a year till date. The previous highest was 209 in 2005.
The net investments made by the institutions during 2006 was $9,185.90 million against $9,521.80 million in 2005.
In 1993, Pictet Umbrella Trust Emerging Markets’ Fund, an institutional investor from Switzerland, was the only FII to enter the Indian market.

While in 1994, no new registrations were reported,
Between 1995 and 2003, an average of 51 new FIIs opened their shops in the country each year.

The break up of FIIs in India is as follows:

US – 368

UK – 167

Luxembourg – 73

Singapore – 51

Australia – 35

Hong Kong – 35

Canada – 32

Ireland – 29

Netherlands – 27

Mauritius – 25

Switzerland – 22

France – 20

With the Indian economy looking strong in the coming years, I am sure the numbers will increase to look better.