In the long term, Demat account usage in India will significantly increase and become a necessity, with more asset classes eventually transitioning to a dematerialized format.
"Yes, it means that if you look at it in the long term, the usage of Demat is going to increase a lot in India because you should look at Demat like a bank account, earlier you used to keep cash, then you started keeping it in the bank, you faced problems in the beginning but now it has become convenient. Your need has been met. So perhaps this too will become your need in future and there will be more such asset classes which will move into demat at some point or the other."
