India\u2019s national elections are still about four months away, but they are already fueling bets that companies looking to raise dollars this year will rush to do so before the voting starts.\u00a0Some investors say a sell-off in Indian dollar bonds last year has created bargain hunting opportunities, and issuers will likely want to make the most of that sentiment before the polls open, as any surprises could push up financing costs later. \u201cBorrowers would like to fund themselves before the elections, just to avoid any uncertainty,\u201d according to Augusto King, head of capital markets group for Asia at MUFG Securities. \u201cWe think India dollar bond issuance could pick up this year.\u201d Two of India\u2019s largest public sector companies have been among the first in Asia to turn to the dollar note market this year. Indian Oil Corp., the nation\u2019s biggest fuel retailer, will start a roadshow from Jan. 7 for a dollar security, according to a person familiar with the matter. State Bank of India, the country\u2019s largest lender, hired banks for a planned dollar issuance, another person with knowledge of the matter said. Prime Minister Narendra Modi is seeking re-election this year, after electoral losses in three key stronghold states last month, adding to uncertainty that the results in national polls could risk delaying economic reforms sought by foreign investors. Volatility in emerging-markets last year kept most Indian issuers away from the offshore bond markets. Foreign-currency bond sales dropped 60 percent to $6.6 billion in 2018, the lowest since 2009.