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Let's gilt trip those foreign investors

Goldman Sachs advocates Indian government bonds as a prime foreign investment. Policy changes by India's government and RBI, including tax reforms and improved market access, attract significant overseas interest. India's strong economic recovery, robust domestic consumption, and strategic capital expenditure bolster bond appeal. Higher yields, scrapped withholding/capital gains taxes, and low foreign ownership ensure resilience and attractive returns. India's growing market offers global institutions a compelling avenue for diversification and strong yields, making it indeed an opportune time for bondholders.

Economic Times · ET Bureau · Jun 30, 2026 at 6:14 PM

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