This rise in reserves comes on the back of foreign investment in local equities, along with inflows due to Indian government bonds being included in the JP Morgan Emerging Market Index. FPIs invested $11.1 billion in Indian stocks in September, NSDL data showed, whereas investment in government bonds through the fully accessible route increased by over $2 billion, CCIL data showed.
Localisation will help Hyundai to position cars well in both IC & EV space in India: Tarun Garg
Post listing, Hyundai Motor India will launch the Creta EV and three more electric vehicles soon. The company aims for strong localization in Tamil Nadu