Abstract: The South Asia region has shown remarkable growth in recent times. Capital inflows to the region rose at an average rate of 7% between 2000 and 2007, next only to the Europe and Middle East. This has led to the stock exchanges of the region becoming the cynosure for the global investors. In order to sustain this, the stock exchanges of the SAARC nations have been attempting to become more and more competitive. This paper analyzes the growing competitiveness of the South Asian stock exchanges on the global scenario. Even during the times of global economic recession, these stock exchanges have demonstrated great resilience by standing tall. By looking at the volume, indices, FII inflows, fund buying, retail investments and the products being offered at the exchanges, the paper comments on the competitive nature of the stock exchanges vis-à-vis the stock exchanges from other parts of the world.