New Delhi: The Indian stock market has the potential to
help companies raise a whopping $150 billion (nearly Rs 10 lakh crore)
annually to help meet the country's investment targets over the next 5-7
years, Bombay Stock Exchange (BSE) chief Ashish Chauhan said.
This would mark an over ten-fold jump from an estimated $10-12 billion of funds raised annually from the Indian markets over the last 2-3 years from equity IPOs, bonds and offer for sale of shares among others routes, he said.
"But, India requires to raise probably $150 billion a year from the markets so that it can garner $700-800 billion over the next 5-6 years to meet the investment target of $2-3 trillion over this period of time to meet the targets under 'Make In India' and other initiatives for various sectors," Mr Chauhan told PTI in an interview.
The comments assume significance as the equity IPO market has not been good for the last few years, except for the SME (small and medium-sized enterprises) platforms, in terms of raising funds.
Read more Click Here / www.trade4x.net
This would mark an over ten-fold jump from an estimated $10-12 billion of funds raised annually from the Indian markets over the last 2-3 years from equity IPOs, bonds and offer for sale of shares among others routes, he said.
"But, India requires to raise probably $150 billion a year from the markets so that it can garner $700-800 billion over the next 5-6 years to meet the investment target of $2-3 trillion over this period of time to meet the targets under 'Make In India' and other initiatives for various sectors," Mr Chauhan told PTI in an interview.
The comments assume significance as the equity IPO market has not been good for the last few years, except for the SME (small and medium-sized enterprises) platforms, in terms of raising funds.
Read more Click Here / www.trade4x.net
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