Deepak Lalwani

Expertise: Indian economics and finance

Deepak Lalwani OBE is Founder and Director of Lalcap Ltd, a London based consultancy specializing in investment opportunities focused on promoting business in India. He previously served as Director-India at Astaire Securities in London for over 16 years, specializing in the Indian market and investments.

Deepak is one of only two people born in India elected as a Member of the London Stock Exchange. He is regarded as an authority and pre-eminent contributor to Indian economics.

He is a qualified UK accountant as a Fellow of the Chartered Association of Certified Accountants, and a Chartered Fellow of the Chartered Institute of Securities and Investment UK. He has a great passion to enhance UK-India business and investment ties and has served as a Director on the UK India Business Council (UKIBC).

For over 21 years, he has authored the influential “India Report”, which is distributed globally investment managers, global financial institutions, governments, and media.

Deepak was honored in 2010 with three prestigious awards. In New Delhi, he received the prestigious “Bharat Samman Pravasi Award” from the NRI Institute. Past awardees have included The President of Mauritius and members of UK’s House of Lords. In the UK, he was awarded an OBE during The Queen’s Birthday Honours for services to UK’s financial services industry. He was awarded "The Glory of India" award for deepening UK-India goodwill and relations.

He is a regular global media commentator on the unfolding India economic story. He chairs and regularly speaks at seminars throughout the UK and Europe focused on India.


India is on a journey of economic catch-up. This journey will continue to unfold over the next 15-20 years

Predicted the bottom of the Indian bear market post 2008 crisis

Deepak's July 2017 issue of the India Report.
Deepak's April issue of the India Report
Deepak's March 2017 issue of the India Report.
Deepak's February 2017 issue of the India Report
Deepak's January 2017 issue of the India Report

Expert Information


Indian economics and finance




Current Experience

Founder, Lalcap Ltd.

Past Experience

  • Director- India at Astaire and Partners (Stockbrokers), London
  • Investment Manager at Sheppards (Stockbrokers), London


  • Fellow of The Chartered Institute of Securities and Investment, London
  • Member of The London Stock Exchange
  • Fellow of The Chartered Institute of Certified Accountants, London
  • Bachelor of Commerce