India wealth to double in 5 yrs; may grow to $6.4 trillion: Report
PTI, Oct 8, 2010, 05.05pm IST
According to the Credit Suisse Global Wealth Report published for the first time, the total wealth of India has trebled in a decade to $3.5 trillion. By 2015, the country's wealth could nearly double to $6.4 trillion.
Besides, the report said that there were 24 million high- net-worth individuals (HNIs), whose average wealth per adult stood in the range of $1-$50 million. China has over 800,000 HNIs, India has around 170,000 while rest of the Asia Pacific as over four million HNIs.
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