The contours of Indian households are changing rapidly, especially when you look at it through the lens of ‘wealth’. As per a report published by the World Economic Forum, by 2030, it is expected that about 2.9 crore Indians will be in the High Income bracket (with an annual income of > $40,000 / around Rs 32 lakh), that’s almost 7% of the total households, indicating India’s strong potential in both creating and preserving wealth. The consistent rise in household income, between 2005 and 203 ..
