In 1992, India opened up its economy and allowedforeign portfolio investment in its domestic stockmarket
Since then ,FPI has emerged as a major source of private capital inflow in this country
India is more dependent upon FPI than FDI as a sourceof foreign investment.
During 1992 -2005 more than 50 percent of foreigninvestment in India came from FPI.
February 20, 20103FDI & FPI