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Expanding financial inclusion: How retail participants can shape market growth
Op-Eds
Expanding financial inclusion: How retail participants can shape market growth
29-04-2025

Arnab Bhattacharya, Professor, IIM Calcutta, and Shravan Shetty, Managing Director, Primus Partners, shared their views on India’s capital markets, which are undergoing a transformation. With digital access expanding in Tier 2 and 3 cities, retail participation remains low at just 12%. Despite significant growth in market capitalization and regulatory advancements, many Indians still lack financial literacy and understanding of investment options.To drive economic growth, they emphasized the need to increase retail participation in capital markets by offering diverse financial products tailored to different needs. This can be achieved through better financial education, innovative investment platforms, and policy reforms allowing stockbrokers to provide comprehensive financial services. By empowering retail investors, India can unlock its potential for a $10 trillion economy by 2032

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