India's securities regulator charts new course amid global uncertainty. SEBI Chairman Tuhin Kanta Pandey highlighted the regulator's 38-year journey built on credibility, reform, and investor trust as markets face geopolitical tensions and tech disruption. Despite global unpredictability, India's markets have demonstrated resilience through sound regulation and institutional frameworks. The regulator has evolved from open-outcry trading to technology-driven markets with real-time operations and global integration. With over 5,900 listed companies and 140 million unique investors, India's market capitalization has grown at approximately 15 percent CAGR over the past decade. Pandey emphasized that foundational reforms including screen-based trading, dematerialization, and robust corporate governance have enabled this transformation.
