A recent report by global consultancy firm Knight Frank projects a 9.4% increase in Indian high-net-worth individuals (HNWIs), those with assets exceeding USD 10 million, by 2028. The Wealth Report 2025 forecasts that India’s ultra-rich will grow from 85,698 in 2024 to 93,753 in 2028, echoing the nation’s robust economic growth.
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