Ultra high net-worth individuals in India growing at 12% CAGR: Motilal Oswal
India’s HNWI and UHNWI population is booming, with a 12% annual growth rate fueled by a strong economy and equity markets. However, organized wealth management penetration remains low, creating opportunities for expansion. Younger generations are shifting towards modern investments, and growth is expected in lower-tier cities and among the mass affluent.
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