Sustainability plays a major role in investors’ decision making, with more than three quarters (76 per cent) of global Indians saying environmental and social initiatives such as renewable energy and skills development are a key part of their decision making when investing in India, said the report. .

Banking multinational HSBC in its its first ever ‘Global Indian Pulse’ report has found that nearly 80% per cent of global Indians surveyed are making investments in India – compared to 85% in their country of residence – and 56% have increased their investments, in India, in the last three years.

Sustainability plays a major role in investors’ decision making, with more than three quarters (76 per cent) of global Indians saying environmental and social initiatives such as renewable energy and skills development are a key part of their decision making when investing in India, said the report. .

The report delves into what drives the connection between global Indians and India.

The Indian diaspora is the largest migrant population in the world and yet there is limited data looking at how they view the countries where they live, and also the strength and importance of their connections back to India.

The pandemic has driven a change in attitudes towards investment in India, with 72 per cent of global Indians surveyed saying the pandemic has made them feel closer to friends and family in India.

And a third (36%) of those already investing in India saying they have proactively increased their investments in India with the aim of promoting positive change whilst 29% are increasing their investment in India with the aim of supporting the India’s COVID recovery. This commitment is just as high among third generation Global Indians, with 63 per cent making the decision to increase their investments, despite having never lived in India.

Even for those who have never lived in India, the connection remains strong, with third generation global Indians feeling just as attached to India as those who were born there.

The data reveals that while first (69 per cent) and second generation (52 per cent) global Indians put their family at the top of the list they miss about India, third generation

Global Indians have a different perspective, with more saying the miss food (42 per cent) and the culture (39 per cent) more than they miss family (30 per cent).