How They Stack Up | Outlook Business
Home  /  Specials  /  Where The Rich Are Investing 2017  / How They Stack Up | OCT 30 , 2017

Photo Samode Haveli

Where The Rich Are Investing 2017

How They Stack Up
How India's ultra rich population continues to grow significantly despite an economic slowdown

For all the macro challenges and talks of a slowdown in the economy back home, wealth creation in India has continued unabated. According to reports by Wealth X and Knight Frank, Asia saw a significant increase in ultra high networth wealth, which rose by 3.5% on the back of solid gains in India and Japan, and a more moderate gain in China. What’s pertinent to note is that India, despite the current economic disruption owing to demonetisation and GST, is expected to spur the growth of the ultra wealthy as the ongoing reforms propel growth in the coming years.

Here's your chance to read the latest issue of Outlook Business for free! Download the Outlook ​Magazines app now. Available on Play Store and App Store