Archive · 22 Jan 2026
India's Corporate Bond Market to Exceed Rs 100 Trillion by 2030
India's corporate bond market has been growing fast.
It was Rs 17.5 trillion in 2015 and is now Rs 53.6 trillion.
Experts say it could reach Rs 100–120 trillion by 2030 if the government makes some important changes.
These changes include better rules, new technology, and more ways to manage risks.
Right now, the market is about 15–16% of India's GDP, which is good but still less than countries like South Korea and China.
Making these changes will help businesses grow and support India's long-term goals.
India's corporate bond market has grown from Rs 17.5 trillion in FY2015 to Rs 53.6 trillion in FY2025, with an annual growth rate of 12%.
NITI Aayog projects the market could exceed Rs 100–120 trillion by 2030 with structural reforms and institutional capacity-building.
The market currently accounts for 15–16% of India's GDP, below levels in countries like South Korea, Malaysia, and China.
Key reforms needed include market infrastructure, risk management tools, investor diversification, and credit enhancement mechanisms.
Strengthening the corporate bond market is seen as crucial for channeling capital towards productive sectors and supporting long-term growth.
- Who
- NITI Aayog, BVR Subrahmanyam (NITI Aayog CEO)
- What
- India's corporate bond market growth and potential
- When
- Projected to exceed Rs 100–120 trillion by 2030
- Where
- India
- Why
- To channel domestic and global capital towards productive sectors and support long-term growth
- Current Market Size (FY2025)
- Rs 53.6 trillion
- Projected Market Size (2030)
- Rs 100–120 trillion
- Annual Growth Rate (Past Decade)
- 12%
- Current Market Share of GDP
- 15–16%
- Report Author
- NITI Aayog
- Key Goal
- Viksit Bharat 2047
- Required Reforms
- Market infrastructure, risk management, investor diversification, credit enhancement
- Comparable Countries
- South Korea, Malaysia, China
