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Private Credit in India Expands Beyond Traditional Uses, Set for Significant Growth
ByAinvest
Sunday, Jul 27, 2025 12:37 pm ET1min read
Private credit investments in India reached $10 billion in FY24 and are projected to reach $60-70 billion by 2028, driven by both global and domestic capital. Historically, private credit was fueled by global capital investing in non-convertible debentures, but growth is now driven by domestic funds, mostly Category-II alternative investment funds targeting a mix of offshore and domestic capital. High-net worth individuals and family wealth are also contributing to growth in this space.
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