India’s capital markets set for 16% annual growth through FY30 on rising financialization: Macquarie
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Summary
India’s capital markets revenue pool is projected to grow at a 16% CAGR through FY30, supported by rising household financialization, stronger retail participation, growing SIP investments and expanding capital-market products.
Key Facts
TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedMonday, 28 September 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Merchandise exports: $437 billion (2024-25)
Key Authorities
Key Stakeholders
Government Context
NDA IIIBJP-led NDA
LeftCentreRight