Anurag Mittal Calls for Deeper Bond Market to Support India's Viksit Bharat Vision

Anurag Mittal, Head of Fixed Income, highlighted at the India Today Conclave 2026 that India's economic growth over the past 20 years has been steady, with its global GDP share tripling from about 1.1% to 3.5%. He emphasized the need to deepen India's bond market to finance the ambitious Viksit Bharat vision, requiring nearly $20 trillion in investments over 25 years. Improved inflation management since 2016 has lowered borrowing costs, aiding infrastructure spending, but expanded investor participation is crucial for sustaining growth and funding urban development and net-zero goals.