~Esteemed speakers such as Maharashtra CM Devendra Fadnavis, SEBI Chief Tuhin Kanta Pandey and top global financial experts explored crucial themes like market volatility, evolving regulations, and the future of wealth creation~
Mumbai | March 18, 2025: Held on 7th March, Friday in Mumbai, the Moneycontrol Global Wealth Summit 2025 centred around the theme ‘Next Wave Of Wealth Creation: India’s $10 Trillion Market-Cap Opportunity.’ The summit served as a key platform for global investors, business leaders, strategists, and policymakers to discuss India’s emerging market trends and investment opportunities.
As the world’s fastest-growing major economy, India is navigating global market volatility, geo-economic shifts, and a post-boom stock market. Against these dynamics, the Global Wealth Summit 2025 facilitated high-impact discussions on economic growth, policy shifts, and strategies for long-term wealth creation.
Nalin Mehta, Managing Editor, Moneycontrol, set the tone by highlighting India’s financial evolution, emphasizing that Demat accounts surged from 22 million in 2014 to 185 million today, while India’s IPO activity led globally, raising $19.2 billion last year – more than double that of China. “A decade ago, India was the world’s 10th largest economy. Today, we are the 5th and on track to becoming the 3rd. Our equity markets have quadrupled in size, and financial participation is deepening, with nearly half of mutual fund assets coming from beyond India’s top cities,” Mehta said.
Howard Marks, Co-Chairman & Co-Founder, Oaktree Capital Management, shared insights on ‘Macros, Micros & Market Cycles’, stressing that interest rates today are not high in absolute terms but are returning to historical norms. “For over a decade, investors got used to near-zero interest rates, but that was the exception, not the rule. A healthy economy doesn’t need ultra-low rates or extreme hikes – it needs balance. Investors should prepare for moderate rates instead of waiting for past anomalies,” he said.
SEBI Chairman Tuhin Kanta Pandey outlined the next phase of market regulation, governance, the importance of transparency and investor confidence. “Maintaining trust is paramount. SEBI itself must be transparent about conflicts of interest, and we are working on a framework to ensure greater disclosure,” he stated.
“As per IMF estimates, emerging markets are expected to grow at 4.2% in 2025, while India is projected to grow at 6-6.5%. We aspire to accelerate this growth beyond forecasts through Viksit Bharat efforts,” he added.
- Vaidyanathan, MD & CEO, IDFC FIRST Bankhighlighted financial inclusion and digitalisation as key drivers of India’s economic expansion. “The credit-to-GDP ratio in India is expected to rise significantly, presenting both opportunities and responsibilities for banks in ensuring sustainable growth,” he stated.
The Moneycontrol Global Wealth Summit 2025, presented by IDFC First Bank, co-powered by PhonePe, and associate partners World Gold Council, SBI Mutual Fund, and Reliance Industries, featured a series of compelling discussions on key market trends and economic shifts.
Mark Coombs, CEO, Ashmore Group, analysed how Trumponomics is reshaping global capital flows, while David Tait, CEO, World Gold Council, examined the sustainability of gold’s bull run, followed by an insightful session featuring Anish Shah, Group CEO & MD, Mahindra Group, and Neelkanth Mishra, UIDAI Chief & Member, PM Economic Advisory Council, discussing India’s roadmap to a $10 trillion market cap.
A high-powered panel featuring Ashish Chauhan, MD & CEO, NSE; Ananth Narayan, Whole-Time Member, SEBI; Harsh Jain, Co-founder & COO, Groww and D. P. Singh, DMD & Joint CEO, SBI Mutual Fund, provided insights into India’s equity boom, the rise of SIPs & F&Os, and the evolving retail investor mindset.
Beyond traditional markets, the summit featured discussions on cryptocurrencies, REITs, and alternative investments. Daniel Pink, renowned author of The Power of Regret, led a thought-provoking conversation on how reflecting on past decisions can lead to smarter financial choices and long-term success.
Morgan Housel, Author of The Psychology of Money & Same as Ever; Director, Markel Group highlighted that successful investing is more about managing emotions than analysing numbers. He stressed that endurance matters more than short-term gains and that luck plays a bigger role in investing than most people admit. “Markets are driven by narratives. Tesla, for example, produces a fraction of the cars that Volkswagen does but is valued many times higher—that’s the power of a compelling story,” he stated.
He added, “If you cannot control FOMO, you should give up on investing—it’s never going to work. The most successful investors know what they can’t do and stay away from it.”
The summit concluded with a powerful address by Maharashtra CM Devendra Fadnavis, outlining the state’s roadmap to becoming India’s first $1 trillion sub-economy by 2030.
“Maharashtra is the only state that has chased the half-trillion path, and by 2030, we will achieve the $1 trillion milestone,” he affirmed.
Highlighting grassroots financial inclusion, he added, “We launched the Laadli Bahin Yojana, where women receive ₹1,500 per month. In Nagpur, a women-led finance society mobilised ₹30 lakh in small deposits, creating a thriving business model. We are focused on empowering such initiatives.”
With insights from global financial leaders, visionary policymakers, and industry pioneers, the Moneycontrol Global Wealth Summit 2025 provided a definitive platform for shaping the future of wealth creation, investment strategies, and economic resilience. As India charts its path towards a $10 trillion market-cap opportunity, the discussions and perspectives shared at the summit will play a crucial role in navigating this transformative journey.