India's wealth managers find profit in second-tier cities

Pedro Gonçalves
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India's wealth managers find profit in second-tier cities

One would think that the wealthy Indians are concentrated in the big cities like New Delhi or Mumbai, However, the wealth managers are finding that going that extra mile, to second tier cities will most likely bring in results as those regions have untapped profits. The reason why India's wealth concentration is shifting is because of young entrepreneurs that are creating wealth in new industries, more often than not based in provincial centres far from the big city hubs, as Euromoney repo...

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