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India's Debt Market Needs Structural Reforms to Support $7.3 Trillion Growth Goal

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A new Deloitte report warns that India's debt market is not equipped to finance the country's next phase of economic growth. The report notes that dependence on bank deposits is increasingly unsustainable as household savings patterns continue to shift. To meet its target of becoming a $7.3 trillion economy by 2030, India must develop greater depth, liquidity, and integration in its debt market. These improvements are seen as essential to closing a widening capital gap and supporting the nation's broader economic ambitions.

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India's Debt Market Needs Structural Reforms to Support $7.3 Trillion Growth Goal · ShortSingh