Businesses generate 22% of income for India’s wealthy

6 July 2012 | 2 minutes read

According to a recent report by Kotak Wealth Management and ratings agency Crisil, the main sources of income generated by Indian ultra-high-net-worth individuals (defined as households with assets in excess of ₹250 million or US$4.5 million) derived from primary businesses (22%) and, investing in land and property (20%). Investment through financial products played a lesser, albeit, significant role in providing…

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