Number of FIIs in India crosses 1000

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:
  1. US – 368
  2. UK – 167
  3. Luxembourg – 73
  4. Singapore – 51
  5. Australia – 35
  6. Hong Kong – 35
  7. Canada – 32
  8. Ireland – 29
  9. Netherlands – 27
  10. Mauritius – 25
  11. Switzerland – 22
  12. France – 20

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