Billionaire Ken Griffin’s Citadel Securities LLC is mulling an entry into commodity markets in India and sees the country as a key growth driver over the next decade as its market watchdog tries to improve liquidity in the cash market.

The Miami-based market maker is scaling up its onshore business in India, which remains unaffected by an investigation by the nation’s markets regulator into Jane Street Group LLC, said Gustaf Ericson, its chief operating officer in the South Asian nation, at Bloomberg’s Investment Management Forum in Mumbai on Thursday.