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A tidal wave of capital

With India poised to see a surge in domestic market inflows, the focus must shift to maximising the benefits for the economy

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7 min read Last Updated : Aug 28 2023 | 9:58 PM IST

I had the privilege of attending a presentation by my good friend Raamdeo Agrawal at his conference recently. He shared some interesting statistics and thoughts on the retail equity revolution in India. It was a fascinating presentation, leading me to ponder the implications of the impending tidal wave of savings.

Raamdeo highlighted that over the past 25 years, India had built up gross domestic savings of approximately $12 trillion. Over the coming 25 years, this number is expected to surge to over $100 trillion. While still relatively modest, an increasing portion of these savings will find its way into financial

Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

Topics : Debt market Domestic markets MNC

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