Mumbai, May 4 -- India's corporate bond market is significantly underdeveloped at 18% of country's GDP, while its peer economies like South Korea and Malaysia have their corporate bond market stand at 80-120% of their GDP, says a report by IMC Chamber of Commerce which was released on Monday by PM-EAC Member Sanjeev Sanyal during IMC Capital Market Conference 2026 at Mumbai's NSE.

Named "Building the Bond: Financing Viksit Bharat (2026)," the IMC report aims to outline a strategic roadmap to transform India's corporate bond market to support its 2047 economic goals.

In the report, the IMC Chamber of Commerce and Industry stated that India's corporate bond market is currently characterised by low liquidity, a lack of retail participation...