India building a new Singapore to attract massive inflows of foreign investment

Investors are taking notice — when trading started 15 months ago, the exchange hosted daily trading worth around $1 million. On Monday, that number crossed $500 million for the first time.

“The moment you hit close to half a billion dollars, that’s the time that some of the big names of the world — JP Morgan (JPM)Morgan Stanley(MS) and others — begin to step in,” said Pandey. “Things are beginning to roll.”