The growth story in China is well documented, Brazil's rich abundance of natural resources will help propel it upwards and Russia is the tempestuous one with its political risks. India, as the middle child in the BRIC, often goes ignored from investors portfolios. However, investors shouldn't turn their backs on it. India might just be a better growth story than some of its BRIC siblings. As fortunes may be shifting towards the country's favor. Strong domestic consumption and fiscal policies are helping propel India forward.

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In fact, India might give China a run for its money. According to analysts at Morgan Stanley, India's economy will grow faster than China's by 2015. This improvement will be initially spurred on by the Indian government's initiatives to overhaul the country's infrastructure. As improving demographics, structural reforms and globalization continue to take hold in the nation, investors can keep on seeing profits.

SEE: Understanding BRIC Investments

Brazil, Russia, India and China are becoming more popular for investing, but there is still plenty of risk among BRIC countries. For those with a decent risk tolerance, there are many Indian companies that are also listed on the U.S. exchanges. Here are five Indian companies that have performed well in the past, and still have great potential.

Company Market Cap YTD % Gain
Tata Motors Ltd.(NYSE:TTM) N/A +11.43%
Dr. Reddy\'s Laboratories Ltd. (NYSE:RDY) 4.87B -4.94%
HDFC Banks Ltd.(NYSE:HDB) 21.8B +3.43%
ICICI Bank Ltd.(NYSE:IBN) 16.37B +0.28% India Ltd. (Nasdaq:REDF) 108.19M -49.05%

Bottom Line
India has achieved amazing growth in a relatively short period of time, and has produced many Indian Billionaires in the process. Considering the scale of its current building efforts, it appears poised to become a full-fledged superpower, giving Indian stocks major potential as investments.

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