India’s wealth management market set to grow 2.5 times to $436 billion by 2034

India's wealth management market to grow 2.5 times to $436 billion by 2034, driven by rising incomes and financial savings.

Demand for wealth-management services expanding beyond traditional high-net-worth individuals to mass-affluent, affluent, and institutional clients.

GIFT IFSC to become an important platform for HNIs seeking overseas diversification, with wealth managers accessing global investment opportunities.

Compound annual growth rate of 10.6% expected over the period, with financialisation of household savings and greater participation in capital markets driving growth.