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Indian fortunes grow faster than global wealth
The wealth held by India’s high net worth individuals has grown faster than the fortunes of the rich internationally, according to new research.
The India Wealth Report, which was released by a local wealth management firm, said the 11% rate of growth in wealth this year made India one of the fastest-growing HNW populations in the world.
Demand for gold, a symbol of wealth in India, will also see a boost in 2012, said the research by Karvy Private Wealth.
