MUMBAI -- The Indian market for initial public offerings looks poised to remain brisk this year, with planned debuts by companies like Ola Electric Mobility, amid an influx of capital from foreign investors seeking an alternative to China.
Foreign investors gravitate toward fast-growing economy as China risks mount
India saw 220 initial public offerings on its two big stock exchanges in 2023, up 48% from the previous year. © Reuters
MUMBAI -- The Indian market for initial public offerings looks poised to remain brisk this year, with planned debuts by companies like Ola Electric Mobility, amid an influx of capital from foreign investors seeking an alternative to China.