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UHNWIS GROWTH 2028
Trophy homes, tokenised assets and crypto: Inside Dubai’s wealth shiftDubai wealth shifts as HNWIs and Indian family offices diversify from real estate to art, tokenisation, and luxury alternatives- BMW drives past 20% EV sales in India; first-time luxury buyers fuel demandBMW's electric vehicle sales have surpassed a fifth of its total by September, with nearly half of its entry-level electric SUV demand comi...
- GST on luxury cars: Mercedes, BMW, Audi might see a price drop; Check likely price cutsIndia's GST council has streamlined indirect taxes to two slabs, reducing prices on over 400 items. While luxury cars face a 40% 'special s...
- Luxury car sales enter the slow lane in H1India's luxury vehicle market experienced a slowdown in the first half of 2025, with sales increasing by a modest 1.8% due to stock market ...
- 'Big red flag': Coinswitch co-founder Ashish Singhal explains how middle class is funding India's ultra richIndia's ultra-rich population is set to surge by 50 per cent by 2028. This growth surpasses all other nations. Luxury markets are expanding...
- Luxury EV sales zoom 66% in India; 2,027 units sold in just 5 monthsLuxury electric vehicle sales in India surged by 66% in the first five months of the year. Mercedes-Benz India saw a 73% increase, driven b...
- India's ultra-rich population to rise 50% by 2028, fastest globally: ReportIndia will witness the world's fastest growth in the number of ultra-high-net-worth individuals (UHNWIs), with their population expected to...
- Why India’s 1% are staking claims in the luxury concrete jungle; 10 biggest realty splurgesIndia's ultra-high-net-worth individuals are increasingly investing in luxury real estate, driving record-breaking transactions. Pharma bil...
- As China dims, India begins to shine in this sectorWith robust growth in premium sectors, India is filling the gap left by China and attracting several global luxury brands to expand their f...
- Luxury car boom: Six vehicles over Rs 50 lakh sold every hour in India in 2024Luxury car sales in India surged significantly, with six cars over Rs 50 lakh sold every hour in 2023, up from two cars five years ago. Sal...
- Luxury+1: Will Bulgari show brands the way from China to India?Bulgari, a renowned Italian luxury brand, is expanding its presence in India due to a decrease in demand in China. The company sees strong ...
- India to be in focus for high-street fashion manufacturers: McKinsey & CompanyIndia is poised to become a major player in the global fashion market, attracting high-street brands seeking growth and manufacturing oppor...
- Luxury, Art, and AI: The diverse portfolios of India's ultra-rich investorsYounger HNI and UHNI investors, fueled by recent wealth creation, are showing greater willingness to take risks. This increased risk appeti...
- Brokerages poised for a big leap forward as millennials flock to marketMost brokerages have experienced a growing investor interest pan India, specifically led by the younger population of over 20 and under 40 ...
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