UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G



                    Under the Securities Exchange Act of 1934



                                India Fund, Inc.
--------------------------------------------------------------------------------
                                (Name of Issuer)

                                  Common Stock
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    454089103
--------------------------------------------------------------------------------
                                 (CUSIP Number)



Check the following  box if a fee is being paid with this  statement / /. (A fee
is not required only if the filing person:  (1) has a previous statement on file
reporting  beneficial  ownership  of more  than  five  percent  of the  class of
securities  described  in Item 1;  and (2) has  filed  no  amendment  subsequent
thereto reporting  beneficial  ownership of five percent or less of such class.)
(See Rule 13d-7).

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).


SEC 1745 (10-88)


                                  SCHEDULE 13G

CUSIP NO.         454089103
                  ---------
================================================================================
1.       NAME OF REPORTING PERSON
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

         CITY OF LONDON INVESTMENT MANAGEMENT COMPANY LIMITED,  a  company
         incorporated under the laws of England & Wales
--------------------------------------------------------------------------------
2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  (a) /  /.
                                                            (b) /  /.
--------------------------------------------------------------------------------
3.       SEC USE ONLY

--------------------------------------------------------------------------------
4.       CITIZENSHIP OR PLACE OF ORGANIZATION

         Great Britain
--------------------------------------------------------------------------------
                                 5.       SOLE VOTING POWER
                                          2,589,450

           NUMBER OF             -------- --------------------------------------
            SHARES               6.       SHARED VOTING POWER
         BENEFICIALLY                     0
           OWNED BY
             EACH                -------- --------------------------------------
           REPORTING             7.       SOLE DISPOSITIVE POWER
            PERSON                        2,589,450
             WITH
                                 -------- --------------------------------------
                                 8.       SHARED DISPOSITIVE POWER
                                          0

--------------------------------------------------------------------------------
9.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         2,589,450
--------------------------------------------------------------------------------
10.      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
                                                                /  /
--------------------------------------------------------------------------------
11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
         8.18%
--------------------------------------------------------------------------------
12.      TYPE OF REPORTING PERSON*
         IA
================================================================================
                      *SEE INSTRUCTION BEFORE FILLING OUT!


                            STATEMENT ON SCHEDULE 13G

Item 1(a).   Name of Issuer:
             ---------------
             India Fund, Inc.

Item 1(b).   Address of Issuer's Principal Executive Offices:
             ------------------------------------------------
             CIBC Oppenheimer Corp., One World Financial Center, 200 Liberty
             Street, New York, N.Y. 10281

Item 2(a).   Names of Person Filing:
             -----------------------
             City of London Investment Management Company Limited

Item 2(b).   Address of Principal Business Office or, if none, Residence:
             -----------------------------------------------------------
             10 Eastcheap
             London EC3M ILX
             England

Item 2(c).   Citizenship:
             ------------
             Great Britain

Item 2(d).   Title of Class of Securities:
             -----------------------------
             Common Stock

Item 2(e).   CUSIP Number:
             -------------
             454089103

Item 3.      If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
             -------------------------------------------------------------------
             check whether the person filing is a:
             -------------------------------------
             (a) / / Broker or Dealer registered under Section 15 of the Act
             (b) / / Bank as defined in section 3(a)(6) of the Act
             (c) / / Insurance Company as defined in section 3(a)(19) of the Act
             (d) / / Investment Company registered under section 8 of the
                     Investment Company Act
             (e) /X/ Investment Advisor registered under section 203 of the
                     Investment Advisers Act
             (f) / / Employee Benefit Plan, Pension Fund which is subject to the
                     provisions of the Employee Retirement Income Security Act
                     of 1974 or Endowment Fund; see Section 240.13d-1(b)(ii)(F)
                     (Note: See Item 7)
             (g) / / Parent Holding Company, in accordance with Section
                     240.13d-1(b)(ii)(G). (Note: See Item 7)
             (h) / / Group, in accordance with Sec. 240.13d-1(b)(ii)(H).


Item 4.  Ownership:
         ----------

         (a) Amount Beneficially Owned: 2,589,450 as of 31st December, 2000
                                        ----------

         (b) Percent of Class: 8.18%
                               -----

         (c) Number of shares as to which such person has:

             (i) sole power to vote or to direct the vote: 2,589,450
                                                           ---------

             (ii) shared power to vote or to direct the vote:     0
                                                             -------------

             (iii) sole power to dispose or to direct the disposition of:
                   2,589,450
                   ---------

             (iv) shared power to dispose or to direct the disposition of:  0
                                                                         -------
Item 5.  Ownership of Five Percent or Less of a Class:
         ---------------------------------------------
         Not Applicable

Item 6.  Ownership of More than Five Percent on Behalf of Another Person:
         ----------------------------------------------------------------
         Not Applicable

Item 7.  Identification and Classification of the Subsidiary Which Acquired the
         -----------------------------------------------------------------------
         Security Being Reported on By the Parent Holding Company:
         ---------------------------------------------------------
         Not Applicable

Item 8.  Identification and Classification of Members of the Group:
         ----------------------------------------------------------
         Not Applicable

Item 9.  Notice of Dissolution of Group:
         -------------------------------
         Not Applicable

Item 10. Certification:
         --------------

         By signing  below,  I certify  that,  to the best of my  knowledge  and
         belief, the securities  referred to above were acquired in the ordinary
         course of business  and were not acquired for the purpose of and do not
         have the effect of changing or influencing the control of the issuer of
         such  securities  and  were not  acquired  in  connection  with or as a
         participant in any transaction having such purposes or effect.


Signature


After  reasonable  inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.


Dated: 12th February, 2001

                                             /s/  D.F. Allison
                                             -----------------------------------
                                             Name: D. F. Allison
                                             Title: Company Secretary