India's Corporate Bond Market Poised to Exceed Rs 100 Tn by 2030: NITI Aayog

• India's corporate bond market has the potential to exceed Rs 100-120 trillion by 2030.
• This growth is contingent on deeper structural reforms and institutional capacity-building, according to a NITI Aayog report.
• The market expanded from Rs 17.5 trillion (FY2015) to Rs 53.6 trillion (FY2025), but its 15-16% of GDP is still below global peers.
• NITI Aayog recommends reforms in market infrastructure, regulatory frameworks, investor diversification, and product innovation.
• Key impediments include regulatory overlaps, a shallow secondary market, and constraints on institutional investors.

Why It Matters: India's corporate bond market growth is essential for its economic future and financial system.