Praxis - AIWMI - Evolution of Wealth Management Report
06 Sept 2019
1 min read
World GDP has surpassed ~US$ 60T as of 2018. India’s household wealth itself, growing at a CAGR of 10.1%, has reached ~US$ 6T. Lower taxation, higher negotiation power derived from the scale of investments and better access to capital markets have built a favourable ecosystem for HNIs in India.