Foreign investors, merchant bankers and consultants are eyeing the Indian telecom and oil sectors, said Brian W de Lacy, chief executive officer, ISI Emerging Markets.

De Lacy, who is doing the rounds in emerging markets, has been in India for the past one week to gauge the performance of the local team.

ISI Emerging Markets, an Euromoney Institutional Investor Company, is an aggregator and disseminator of business and financial information pertaining to emerging markets using the Internet as a primary medium of delivery.

ISI Emerging Markets sees India and China among the key important emerging markets.

Other important markets also include Russia, Mexico, Poland and Turkey, said de Lacy. Bullish on India's position in the emerging markets, he pointed to the strong fundamentals and the way of doing things in the country.

"Everything is moving ahead on the growth curve," he said.

De Lacy told Business Standard that ISI Emerging Markets was looking at opportunities for acquisitions "to leverage our expertise in data management and technology, and thereby cut costs. This is part of our revenue growth model."

Despite last year having been a difficult year for the electronic industry as the financial sector faced a huge cutback, ISI Emerging Markets saw an eight per cent growth in income, he added.

Commenting on the international investor perspective, de Lacy said 80-90 per cent of the interest is focused on money markets, and just about 10-20 per cent on emerging markets.

While he refrained from revealing any immediate companies shortlisted for acquisitions, de Lacy said in the last four years, the company had acquired five data-generating companies: two in Poland, one in Mexico and one in Bulgaria.

ISI Emerging Markets has developed new products including Islamic financial service, which coincided with the on-going International Monetary Fund meeting in Dubai.

"We are adding geographies and countries all the time. Today we are spread out and sell across 53 countries," said de Lacy.