Building a robust corporate boom market that is the key to the growth of India: Sebi, PFRDA, IFSCA and Assocham officials

The Indian market for business bonds arises as a critical pillar for financing the ambitious growth plans of the country, in which industry supervisors and experts emphasize the need for deeper, more liquid and inclusive markets, according to the release.

Ananth Narayan G, Member, Sebi, all the time, spoke on the 8th annual Conducts Van Assocham about the market for corporate bonds, and emphasized that a strong market for corporate bonds market, which should supplement efficiency, transparency and long -term stability.

“” We also have to cherish and distribute consciousness over alternative activa classes such as Reit’s, Munis (municipal bonds) and raw materials and a balanced financing ecosystem building that the growth ambitions of India is worthy, “he said.
The SEBI officer noted the need for cultural and structural development within the market for corporate bonds. Indices for corporate bonds, he said, are on the horizon to facilitate derivatives trade and broader investors participation, while municipal bonds – which have only seen 16 issues that have been aggregated since 2017 – an area with a considerable growth potential.

Pension funds as a growth motor

S. Ramann, chairman, Pension Fund Regulatory and Development Authority (PFRDA), underlined the crucial role of pension and insurance funds in financing long-term infrastructure projects.

Pension funds currently have about £ 3.5 trillion in commercial debt, with around 70% assigned to sectors such as energy, transport, water and social infrastructure, which reflects natural coordination between pension savings and national development needs.

Mr. Ramann, comparisons with countries such as South Korea and Brazil, emphasized that encouraging the participation of pension funds contributed to deepening the bond markets abroad, a strategy that actively strives for India.

Retail participation and digital platforms

Pradep Ramakrishnan, executive director, International Financial Services Center Authority (IFSCA), noted that 40 online bond spots have improved the participation of the retail trade, improving the historical superficiality of the market.

Gift City has emerged as a hub for business and international bonds, which collected almost $ 70 billion, including $ 16-17 billion in sustainable financing bonds, which underlines the growing fame of India on global capital markets.

Assocham calls for a deeper, inclusive market

NIPA Sheth, chairman, Assocham National Council on Corporate Bond Market, emphasized the importance of the market for financing India infrastructure, projected on more than £ 143 Lakh Crore.

She emphasized that the broadening of retail participation, simplifying digital access, improving administration and developing a lively secondary market are crucial for a resilient and robust ecosystem for corporate bonds.

She noted that although the stock markets of India are among the top worldwide, debt markets are left behind, but continuous reforms and international recognition could help attract more foreign investors.

Corporate bonds such as Growth Motor

Aditi Mittal, co-chairman, Assocham National Council on Corporate Bond Market, emphasizes that the Indian debt market amounts to $ 2.78 trillion, with corporate bonds that contribute $ 627 billion (22%), an increase of 13.42% compared to FY 2023-24.

The market witnesses a steady pipeline of issues, in which more than 3,237 companies issue bonds to date in 2025 years and traded volumes of £ 17.1 Lakh Crore ($ 200 billion) in 2024-25, an increase of 24.5% compared to the previous year.

Early FY 2025-26 data show 8.47 Lakh Crore in traded volumes, a growth of 48.5%, which reflects an increasing participation of non-traditional investors.

Mrs. Mittal emphasized that the market for corporate bonds is more than a financial segment; It is a growth motor that is able to channel household savings to productive investments, financing business expansion and supporting Viksit Bharat 2047.

((Indemnification: Recommendations, suggestions, views and opinions of experts are their own. These do not represent the views of economic times)