BSE CEO’s Landmark Visit Spurs Cross-Border Investment Momentum, Spotlights India’s Financial Ascendancy.
Dubai: In a landmark initiative to deepen UAE–India financial cooperation, the Indian Business & Professional Council (IBPC Dubai) hosted Sundararaman Ramamurthy, Managing Director and CEO of the Bombay Stock Exchange (BSE), during the inaugural UAE–India Capital Connect Series. The event marked a strategic milestone in bilateral capital market integration.
Attended by investors, professionals, students, and institutional representatives, the event explored investment opportunities, regulatory frameworks, and the evolving role of capital markets in driving economic growth. Ramamurthy’s keynote speech traced the BSE’s journey since 1875, highlighting India’s shift from trade facilitation to capital creation, powered by reforms and digital transformation.
He noted that India’s financial resilience—demonstrated by 200 million mutual fund investors and over 11,000 foreign portfolio investors—positions it as a global economic force. He urged NRIs to reinvest in India through formal platforms like the BSE, especially in underrepresented sectors such as SMEs.
Siddharth Balachandran, Chairman of IBPC Dubai, called the event “a monumental achievement,” reinforcing India’s ambition to become a $30 trillion economy by 2045. His Excellency Satish Sivan, Consul General of India in Dubai, hailed the collaboration as a vital move in strengthening UAE–India economic ties.
BSE’s tech prowess—handling up to 1.4 million orders per second, soon to scale to 2 million—underscored its leadership in latency-free, high-frequency trading. Ramamurthy also introduced innovative financial instruments designed for mutual funds and insurance sectors.
From tailored breakout sessions to a high-level Q&A, the day reflected IBPC’s mission to foster financial literacy, build transparent capital access, and amplify bilateral trade ambitions. The UAE–India Capital Connect Series stands as a pivotal platform for nurturing long-term, people-led investment pipelines between two growing economic powerhouses.
