Unlocking Opportunities: How Diplomats and NSE are Shaping Capital Markets for a Viksit Bharat

In a unique event on June 9, 2025, the Foundation for Public Awareness and Policy (FPAP) brought together the diplomatic community in Delhi and the National Stock Exchange of India Limited (NSE). The discussion centered around "Road to Viksit Bharat: Contribution of Capital Markets," focusing on how capital markets can help India achieve its goal of becoming a developed nation by 2047, as envisioned by Prime Minister Narendra Modi.

The gathering featured heads of foreign missions in Delhi, including Shri Ashishkumar Chauhan, Managing Director and CEO of NSE, and was moderated by Dr. Vijay Chauthaiwale, a recognized scientist and FPAP Vice Chairman. This event aimed to strengthen India’s global relationships through discussions on how capital markets contribute to economic growth.

The interaction provided valuable insights into India’s financial landscape, its market reforms, and the increasing importance of Indian capital markets worldwide. The informal setting allowed participants to share views on investment opportunities, regulatory frameworks, and the role of technology in evolving India’s financial sector.

Dr. Chauthaiwale emphasized the importance of such dialogues in fostering stronger global partnerships. He remarked that economic growth is crucial for realizing Viksit Bharat. "The NSE is not just a stock exchange; it’s a gateway to our economy," he said.

Shri Chauhan highlighted India’s significant growth in the global capital market landscape. "India’s market capitalization has surged from about Rs. 74 lakh crores (USD 1.2 trillion) in May 2014 to approximately Rs. 450 lakh crores (USD 5.2 trillion) today, making it the fourth-largest market globally," he noted. This increase reflects growing public confidence in India’s economic direction and the government’s policies.

The event served as an important milestone, showcasing India’s financial capabilities to an international audience. Attendees were eager to learn how India’s capital market ecosystem supports both domestic and foreign investors while promoting broader economic development. Recent statistics reveal that Indian tech companies are leading a wave of innovation, further positioning the NSE as a world-class exchange.

Overall, this interaction highlighted the transformative potential of India’s capital markets and their role in shaping the country’s economic future. It was a reminder that the path to a developed India is paved with collaboration, innovation, and robust financial infrastructure.

For further information on capital markets, you can visit the National Stock Exchange website.

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Viksit Bharat,Capital Markets,NSE