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Millionaire boom in India: Millionaires projected to rise 55% by 2029, outpacing Asia Pacific says BCG report
India's financial wealth is rapidly increasing, outpacing the Asia-Pacific region. The number of millionaires is expected to surge by over 55% between 2024 and 2029, driven by millennial entrepreneurs and corporate leaders. Wealth management firms are focusing on advisor enablement and next-generation client strategies to capitalize on this growth.
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