I wanted to compile a list of Indian ADRs in the US as soon as I did my post on the performance of Indian ETFs listed in the US because I wanted to see if there are enough individual ADRs that someone in the US can buy to get enough exposure to India, and be fairly well diversified as well.
I found that there are only 14 Indian ADRs listed in the US, and a lot of them are not doing very well. Further, they are heavily concentrated in the software, and telecom services sector.
If you wanted to get exposure to India, then I’d say an ETF like INDY is much better than picking a few stocks from the universe of Indian ADRs available to you.
The ADR options are just very limited.
Here is a list of Indian ADRs available in the US along with their ticker, the exchange they are listed in, and the industry they operate in.
|1||Infosys||INFY||NASDAQ||Software & Programming|
|2||Wipro||WIT||NYSE||Software & Programming|
|3||Patni Computer||PTI||NYSE||Software & Programming|
|4||Satyam Computer||SAYCY||PINK||Software & Programming|
|6||Mahanagar Telephone Nigam||MTNL||NYSE||Communications Services|
|7||Tata Communications||TCL||NYSE||Communications Services|
|8||Tata Motors||TTM||NYSE||Auto and Truck|
|11||Sterlite Industries||SLT||NYSE||Metal Mining|
|12||Dr. Reddyâ€™s||RDY||NYSE||Biotechnology and Drugs|
These are the only Indian ADRs that I could find, and if you feel that there are some that I have missed, please leave a comment and I will update my post.