India plans to raise nearly 20 billion dollars through state firm IPOs by 2030
India targets 1.79 trillion rupees from state-run IPOs by 2030. The move is part of a massive push to monetize national assets over the next four years.
Insights:
NITI Aayog published a report on February 23, 2026, stating that the Government of India 
IN aims to raise 1.79 trillion rupees, or approximately $19.7 billion, from initial public offerings of state-run firms by the 2029/30 financial year. This initiative is part of a broader asset-monetisation programme that targets $183.7 billion over the next four years. The strategy will channel divestment through listings across several sectors, including railway, power, petroleum and natural gas, aviation, and coal, fundamentally affecting how the government raises funds from state assets.
IN aims to raise 1.79 trillion rupees, or approximately $19.7 billion, from initial public offerings of state-run firms by the 2029/30 financial year. This initiative is part of a broader asset-monetisation programme that targets $183.7 billion over the next four years. The strategy will channel divestment through listings across several sectors, including railway, power, petroleum and natural gas, aviation, and coal, fundamentally affecting how the government raises funds from state assets.
