India witnessing fastest wealth creation era in its history
Updated Oct 06, 2021 05:02 am
- In 2012, the IIFL Wealth Hurun India Rich List found that the entrepreneurs came from about 10 cities. Ten years later, we found entrepreneurs from 76 Indian cities who are part of the rich list. So wealth creation is going across sectors, cities and more young wealth creators are coming on board, says Anas Rahman Junaid, Founder & MD, Hurun India.
- There appears to be a massive wealth effect going on in India. A variety of factors -- partly because of the newly minted unicorns in the country and, partly because of the big bull run in the stock market -- have helped in this wealth creation. What are your key observations this time when you are preparing the rich list?
One of the key observations that I have had after doing research for the last 10 years is that India is possibly witnessing the fastest wealth creation era in its history and things have changed very much from when we started the list in 2012 to what it is right now 10 years later.
local_offerTags: IIFL Hurun India wealth creation era
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