India, Sept. 18 -- India is witnessing a sharp rise in wealth, with the number of millionaire households expected to grow by 90% to 871,700 by 2025, according to the Mercedes-Benz Hurun India Wealth Report 2025. Mumbai tops the list as the country's Millionaire Capital with 1.42 lakh such families, followed by New Delhi (68,200) and Bengaluru (31,600), forming the core of India's growing affluent class.

The Mercedes-Benz Hurun India Wealth Report 2025 estimates that India is home to 8,71,700 dollar- millionaire households (net worth Rs.8.5 crore each), up from 4,58,000 in 2021 - a 90% increase in four years. These millionaire families represent about 0.31% of all households in India (up from 0.17% in 2021) and are projected to continue g...