The number of Indian companies listed on London's junior market has nearly doubled since 2006 while their value has increased twelvefold in the last two years, as the country's strong economic growth fires investor demand for liquid Indian equities.

There has been a steady addition of Indian companies listing on London's Alternative Investment Market in the last two years, according to a report from UK broker Seymour Pierce. The market capitalisation of Indian companies listed on Aim has increased from £250m (€333m) in January 2006 to £3.3bn in January 2008.