India’s factoring market is growing rapidly. The regulatory environment is evolving. And the conversation about what comes next is becoming increasingly important.
That conversation was already underway at FCI’s 58th Annual Meeting in Lisbon in June, where a dedicated session on “Factoring in India and Beyond: Regulatory, Market Evolution and Best Practices” brought together industry specialists to examine India’s factoring market, regulatory framework and the role of registries in supporting risk mitigation and market growth.
The discussions highlighted both the progress being made and the work still ahead. Developing a strong factoring market requires more than demand for finance: it depends on appropriate regulation, legal certainty, effective risk management, technology, education and the ability to connect domestic institutions with international markets.
On 26–27 October 2026, FCI will take this conversation directly to India with “Advancing Factoring in India: Global Insights, Local Opportunities”, at the Jio World Convention Centre in Mumbai.
The numbers show why this matters
FCI’s 2025 Global Factoring Statistics underline the scale and pace of change. Factoring turnover in India reached €43.5 billion in 2025, up 13.9% from 2024. The longer-term development is even more striking: turnover has grown from approximately €5.1 billion in 2019 to €43.5 billion in 2025, more than eight times the level recorded just six years earlier.
But the composition of that turnover also points towards significant further potential. Of the €43.5 billion recorded in India in 2025, approximately €42 billion was domestic factoring and €1.5 billion was international factoring.
Globally, factoring turnover surpassed €4 trillion in 2025, including more than €715 billion in international factoring. For India, the question is therefore increasingly not whether factoring has room to grow, but how this momentum can be translated into a deeper, more sophisticated and internationally connected market.
A changing regulatory environment
Developments since Lisbon have made this discussion even more timely. In July, the International Financial Services Centres Authority (IFSCA) introduced a new framework on capital relief and prudential requirements for factoring transactions in GIFT City.
As explored by Ravi Valecha, FCI Executive Committee Member & India Factoring and Finance Solutions CEO, in the August edition of FCI’s In-Sight newsletter (read his article), the framework represents an important development for receivables finance. Among other measures, it recognises eligible credit protection and, significantly for international factoring, institutions operating as Import Factors. This brings the treatment of qualifying transactions closer to established international factoring practices and has the potential to improve capital efficiency and financing capacity within the IFSC ecosystem.
The wider regulatory question is equally important. An article written by Betul Kurtulus, FCI Deputy Secretary General, in the August In-Sight (read her article) examined the principle that regulation should reflect the actual economic risk of a transaction, including legally effective protection and risk transfer, rather than simply the institutional form of the finance provider. The new GIFT City framework provides an important example of this more risk-sensitive approach, although its implementation will now need to be seen in practice.
These developments create an important moment for the industry to come together.
From market potential to practical implementation
The Mumbai conference has been designed around precisely that objective: connecting global experience with local opportunity. Across two days, participants will examine India’s changing position in global trade and the financing needs of MSMEs and supply chains, before moving into the practical building blocks of successful factoring markets.
The programme will address domestic and international factoring, legal and regulatory foundations, the FCI Two-Factor System, credit protection and risk sharing, technology, risk management and fraud prevention, as well as lessons from factoring markets around the world.
At the centre of those discussions will be the questions that matter for institutions looking at the Indian market today. How can India build on its rapid domestic factoring growth? What will encourage greater international factoring activity? How can financial institutions develop the right capabilities? And what regulatory, digital and institutional developments could help the market scale further? This is not simply a conference about the potential of factoring. It is a conference about what needs to happen next.
Bringing the right people into the conversation
Market development requires the wider ecosystem to participate. The conference is expected to welcome over 150 senior-level attendees, bringing together banks and non-bank financial institutions, factoring companies, regulators, technology providers, insurers, advisers, and industry organisations.
That mix is a key part of the event’s value, combining practical international expertise with opportunities to connect directly with professionals shaping the market.
For institutions already offering factoring, this is an opportunity to benchmark approaches and expand connections. For those assessing the opportunity, it offers concentrated access to knowledge that would otherwise require considerable time and money to gather across different markets and specialists.
Two days worth investing in
With registration starting from only €250, the conference has been designed to make high-level industry knowledge and networking accessible to the Indian factoring community. Registration closes on 10 October 2026.
Join FCI for Advancing Factoring in India: Global Insights, Local Opportunities, on 26–27 October 2026 at the Jio World Convention Centre, Mumbai.