India's private debt market to top $18 bn in 2024 as economy grows: Report

India’s private debt market is expected to surpass $18 billion in assets under management (AUM) by the end of the year. The growth is driven by increasing demand for private credit from companies seeking alternative financing options. Private debt funds are attracting significant interest from institutional investors due to their potential for higher returns compared to traditional fixed-income investments. The market’s expansion is also supported by regulatory changes that have made it easier for private debt funds to operate in India. This growth trend is expected to continue as more companies turn to private credit for their financing needs.