The new SEBI chief Tuhin Kanta Pandey on March 7 said India needs both domestic and foreign investors to support growth.
Speaking at Moneycontrol Global Wealth Summit 2025 at a session titled "India’s Growth Story: Opportunities & Prospects", Pandey said, "We will be happy to engage with FPIs and AIF industry participants to address their difficulties and further rationalise regulations to promote ease of operation.."
Pandey's remarks assume significance at a time when Indian equity markets are witnessing persistent selling by foreign investors.
"Country has attracted global investments across the years. The presence of long term capital will further support entrepreneurship. We are aware of need to have conducive environment to encourage foreign investments," said Pandey at his first public event after assuming charge as SEBI chief.
Pandey also spoke about the teamwork needed within SEBI and with various participants.
"Together we can create further conducive ecosystem. We need to think of next 25 years, how 2047 will look like. We have to use tech to bring more transparency and give integrity to market institutions. For that we need teamwork. Teamwork is more than what is inside but it is also what is others," he said.
India is looking to spur growth beyond the projected outlook and praised the economy for exhitibing resilience despite global headwinds.
"India has shown resilience in face of global headwinds. We need to build on our resilience to sustain growth," he said.
Pandey said that IMF has estimated the overall growth in emerging markets as 4.2 percent in 2025 while India is estimated to grow higher, at around 6-6.5 percent.
"We'd like to accelerate the growth beyond the expected outlook so far, with the Viksit Bharat efforts," he said.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
