New Delhi, Sept. 18 -- The Mercedes-Benz Hurun India Wealth Report 2025 is out. It highlights a major rise in India's millionaire households, nearly 200%. Moreover, 83% of respondents remain confident about India's growth over the next three years.

The massive growth shows strong wealth creation along with GDP growth, Sensex rise and new billionaires. India now has 8,71,700 millionaire households with net worth above Rs.8.5 crore ($1 million), almost double the 2021 figure of 4,58,000. These represent 0.31% of all households.

From 2017-2025, million-dollar households grew 45%. But, only a small share moved into ultra-rich categories, according to the Mercedes-Benz Hurun India Wealth Report 2025.

The Nifty 50 index rose nearly 70% betwe...