4,300 millionaires projected to leave India in 2024, down from 5,100 in 2023, due to economic growth creating more HNWIs.
India's wealth exodus has reduced, with 4,300 millionaires projected to leave in 2024, down from 5,100 in 2023. This decline is attributed to India's economic growth, creating new millionaires. The country continues to produce more high-net-worth individuals (HNWIs) than it loses to emigration. Opportunities for overseas investments are increasing for wealthy Indians, particularly in Australia and the US.
June 19, 2024
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