India will double the number of millionaires
India will double the number of millionaires by the year 2018. India is currently having about 182,000 millionaires now. By the year 2018, Indian millionaires will be about 302,000. Indian economy had grown faster after 2000 at the average growth rate of 8%. The percapita of the people had increased from USD$ 135 to USD$ 2000 by the year 2008. It'ad reached the epic scale of USD$ 4700 by the year 2013.
India's wealth had grown by USD$ 3 trillion and every youth will be having about USD$ 6600 by the year 2018. The top 1% of the world, India's millionaire share is considered to be 215,000 people. 1760 people are coming under the banner USD$ 50 million dollar club and 77 people are coming under the USD$ 100 million dollar club. 94% of the adult population are still coming under the USD$ 10,000 Dollar club. That why the growth rate of India is not to be seen.
India's wealth had grown by USD$ 3 trillion and every youth will be having about USD$ 6600 by the year 2018. The top 1% of the world, India's millionaire share is considered to be 215,000 people. 1760 people are coming under the banner USD$ 50 million dollar club and 77 people are coming under the USD$ 100 million dollar club. 94% of the adult population are still coming under the USD$ 10,000 Dollar club. That why the growth rate of India is not to be seen.