London, UK (PRWEB) May 07, 2014
In 2013, there were more than 248,170 high net worth individuals (HNWI) in India. Together they held around USD 1.26 trillion in wealth; wealth per HNWI stood at USD 5,077,042. In 2012, the number of HNWI in India decreased by 2.9% and then declined by 1.2% in 2013. At the end of 2013, the country’s HNWIs held approximately USD 253 billion (20.1%) of their total wealth outside India. Besides, the local HNWIs outperformed the world HNWI average in the most times during 2007-2012.
The combined wealth of the Indian HNWIs is predicted to grow by around 44% during 2014-2018 and will likely climb to almost USD 2 trillion by the end of the period. Meantime, the number of the Indian HNWIs is forecast to grow by 34% during the forecast period to reach 358,057 by 2018. Robust growth in the Indian HNWI wealth will be driven by the increase of the country’s GDP, as well as the growth in the national equity sector and real estate sector.
In-demand research report “India 2014 Wealth Book” drawn up by WealthInsight is now available at MarketPublishers.com.
Title: India 2014 Wealth Book
Published: April, 2014
Price: US$ 4,995.00
The comprehensive report provides an all-round overview of India’s HNWIs and Ultra HNWIs population along with a detailed analysis of the country’s wealth management sector. It sheds light on the asset allocations and performance of HNWIs and Ultra HNWIs in India during 2007-2012; uncovers valuable information on the HNWIs’ and UHNWIs’ asset allocations across the existing 13 asset classes; describes the situation in the top-performing cities. Besides, the report gives an extensive evaluation of the Indian wealth management industry, points out and examines the major drivers of the country’s HNWI wealth; touches upon the prevailing industry trends; identifies the main challenges and opportunities of the Indian wealth management industry and private banking sector. In addition, the topical research study discloses important information on the key market participants, as well as presents detailed projections of the Indian wealth management sector up to 2018.
More insightful research reports by the publisher can be found at WealthInsight page.