Indias weightage in the MSCI Emerging Markets Index has reached 19.9 per cent, very close to Chinas weightage which has dropped down to 24.42 per cent from nearly 40 per cent in 2020. Indias weightage has improved significantly in the recent years, it used to have a single digit representation in the EM Index for years.The MSCI Emerging Markets Index captures large and mid-cap representation from across 24 Emerging Markets (EM) countries. With 1,328 constituents, the index covers approximately 85 per cent of free float-adjusted market capitalization in each of the 24 EM countries