The report said wealth per adult in India has risen at an impressive average annual rate of 8.8 per cent since the year 2000 and stood at $15,535 at the end of 2021, which is far below the global mean.By year-end 2021, median wealth in India had fallen to 41% of the world value, but median wealth in China had risen to 338 per cent.
NRI Talk: From Art to Angel Deals: NRIs are broadening their investment canvas, Sachin Sawrikar decodes
NRIs are increasingly diversifying their investments beyond traditional real estate and fixed deposits, exploring opportunities in mutual funds, GIFT City, and tech startups. Factors like