Why India’s Rich Are Leaving: A Wake-Up Call for Inclusive Development
India is lauded as the world’s fastest-growing major economy, with an impressive 8.2% GDP growth in FY2023–24. Yet, a striking trend is emerging — a rising number of ultra-rich Indians are choosing to migrate. A joint Kotak-EY report finds that over 20% of ultra-high-net-worth individuals (with assets above ₹25 crore) are planning to leave the … Read more