NOTES TO FINANCIAL STATEMENTS (UNAUDITED)
JUNE 30, 1999
The Morgan Stanley Dean Witter India Investment Fund, Inc. (formerly Morgan Stanley India Investment Fund,
Inc.) (the "Fund") was incorporated in Maryland on December 22, 1993, and is registered as a non-diversified,
closed-end management investment company under the Investment Company Act of 1940, as amended. The
Fund's investment objective is long-term capital appreciation through investments primarily in equity securities.
A. The following significant accounting policies are in conformity with generally accepted accounting principles for
investment companies. Such policies are consistently followed by the Fund in the preparation of its financial
statements. Generally accepted accounting principles may require management to make estimates and
assumptions that affect the reported amounts and disclosures in the financial statements. Actual results may differ
from those estimates.
1. SECURITY VALUATION: In valuing the Fund's assets, all listed securities for which market quotations are
readily available are valued at the last sales price on the valuation date, or if there was no sale on such date, at the
mean between the current bid and asked prices. Securities which are traded over-the-counter are valued at the
average of the mean of current bid and asked prices obtained from brokers. Short-term securities which mature
in 60 days or less are valued at amortized cost. All other securities and assets for which market values are not
(including investments which are subject to limitations as to their sale) are valued at fair value as determined in
good faith by the Board of Directors (the "Board"), although the actual calculations may be done by others. Due
to the Indian securities market's smaller size, degree of liquidity and volatility, the prices which the Fund may
realize upon sale of securities may not be equal to the value presented in the financial statements.
2. TAXES: It is the Fund's intention to continue t