New Delhi, Aug. 26 -- India's economy has seen a major transformation over recent decades. Today, it is one of the world's largest and fastest-growing major economies, an increasingly important destination for international capital and home to a new generation of businesses, investors and financial institutions with ambitions that extend far beyond its borders.

As India enters its next phase of growth, its story is becoming increasingly international, with capital and business moving in both directions.

While international investors have long sought exposure to India's growth, Indian businesses are increasingly expanding into new markets, investment managers are looking for opportunities overseas and financial institutions are developin...