Mumbai: India’s capital markets have reached the $5 trillion mark last month, and the number of demat accounts in the country crossed 20 crore in July, Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said on Thursday.
He described this as a sign of the strong partnership between public and private enterprises in taking the Indian growth story forward.
Speaking at the 22nd edition of FICCI’s Annual Capital Markets Conference (CAPAM 2025) here, Chawla said that the government has developed a composite growth and asset management strategy to strengthen capital markets in an integrated way.
The goal, he added, is to ensure that the value created by public enterprises is shared fairly with all citizens, including households and minority shareholders.
Chawla highlighted Prime Minister Narendra Modi’s vision of ‘Viksit Bharat’ and underlined the role capital markets can play in achieving it.
“Our economy is moving ahead with both public and private enterprises working together like partners in arms, ” he said, noting that the strong participation of investors is helping build momentum.
On the asset monetisation programme, Chawla said it is planned as a five-year strategy rather than on a year-to-year basis.
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