India’s Wealth Surge: Global Firms Pivot to Capture a Growing Ultra-High-Net-Worth Market
India’s population of ultra-high-net-worth individuals (UHNWIs) has surged by 63% over the past five years, prompting an aggressive expansion strategy from international wealth management firms seeking to capture the nation’s rapidly accumulating private capital. This demographic shift, concentrated primarily in urban hubs like Mumbai, Delhi, and Bengaluru, reflects a broader economic transformation that is drawing…