Canada, Japan up India bet, investors double equity holdings in past year

Equity holdings from these two jurisdictions doubled in the past one year

India's long-term growth potential and a politically stable environment are leading more geographies to raise their bets on the country.

Canada, which has historically not been a big investor in Indian equities, has seen its equity holding in listed Indian shares double in the past year and grow by more than 100 times in the past eight years.

The country is now the seventh largest investor in the India and stands a good chance of overtaking Norway, United Kingdom (UK) and Luxembourg to enter the top five league.

The country's holdings stood at around Rs 17,500 crore at the end of