India’s capital markets: Gateway to a $5.2 Trillion growth story on the road to Viksit Bharat

India is now the world's 4th largest stock market, with market cap surging 6x to $5.2T since 2014. The event showcased reforms, tech innovation, and investment opportunities driving this growth

New Delhi: A special meeting happened in New Delhi on Monday between the heads of foreign embassies in India and the National Stock Exchange (NSE), India’s leading stock market. This was the first time such an event took place.

The meeting, organized by the Foundation for Public Awareness and Policy (FPAP), focused on how India’s stock markets are helping the country achieve its goal of becoming a fully developed nation (“Viksit Bharat”) by 2047, as announced by Prime Minister Modi. The main idea was to show foreign diplomats how strong India’s financial system is and how important its stock markets are becoming globally.

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NSE’s CEO, Ashishkumar Chauhan, explained India’s impressive financial growth to the diplomats. He highlighted that India is now the world’s 4th largest stock market (after the US, China including Hong Kong and Japan). He shared a key fact that the total value of companies listed on Indian stock markets (market capitalization) has grown six times in 11 years from about $1.2 trillion in 2014 to roughly $5.2 trillion today. He said this growth shows increasing trust in India’s government, businesses, and future.

The ambassadors learned about India’s solid financial setup, recent market improvements, and how technology is changing finance in India. They also discussed investment opportunities, rules for investors, and India’s efforts to include more people in the financial system and support sustainable projects.

Vijay Chauthaiwale from FPAP, who hosted the event, said such talks help strengthen India’s global partnerships, raise awareness, and shape policies that support India’s growth. He emphasized that the NSE, as India’s main stock exchange and a leader in financial technology, plays a vital role in connecting India’s economy to the world.

The Danish Ambassador to India, Rasmus Abildgaard Kristensen, even posted on social media (X) after the meeting, praising the discussion and NSE’s impressive growth.

Overall, this meeting was a big step in showing the international community India’s financial strength and its potential for investors. The FPAP plans to organize more such events between diplomats and the NSE in the future.