Nov. 9 (Bloomberg) -- Barclays Plc plans to double its investment banking team in India over the next 18 months, said Robert Morrice, Asia-Pacific chairman and chief executive officer for Barclays Capital.

The London-based company currently employs 35 people in that department in the South Asian nation, Morrice, who was attending the India Economic Summit in New Delhi, said in an interview today.

To contact the reporter on this story: Subramaniam Sharma in New Delhi at ssharma@bloomberg.net

Last Updated: November 9, 2009 02:33 EST