Strengthening its Indian equities platform, Citigroup Global Markets India on Monday announced a series of new hiring across its equities sales and execution business. In total the company has hired nine key new people.

Infusion of such manpower actually emphasizes the group's commitment to its Indian Clients, said Nikhil Nagle, Managing Director and Head of Equities, India. "These hires have further strengthened Citi's presence in the Indian equities market to over 25 highly talented and motivated individuals," he added.

As per Nikhil, Citi considered India as "a high priority market for the Asia Pacific region" and the new appointments would help the company to continue its status as one of the top equities franchise in the country supporting clients across the market.

The existing talent pool post expansion would have a combined experience of over 100 years in equity market, the company said in a statement.

Citi Global market equity franchise in India is known to be a market leader and it was picked up as the Best Foreign Investment Bank in India for this year by Finance Asia and The Asset. It remained a major underwriter for Indian equities in 2009.