9 hrs ago
Smaller Cities, Youth and Women to Drive India’s Investor Growth
India may soon have many more people investing for the long term.
A report from EY says the country could add over 100 million such investors by 2035.
People in smaller cities are expected to play an important role.
Younger Indians are also participating more.
More women are becoming involved as well.
Digital platforms are helping households connect to financial services.
Together, these changes could make India’s financial system much larger.
The report describes this as a possible new period of expansion.
India could add more than 100 million long-term investors by 2035, according to an EY report.
The country’s financial ecosystem may be entering another major expansion phase.
Growing participation from smaller cities is helping drive the opportunity.
Younger Indians and women are becoming increasingly involved in investing.
Digital platforms are connecting more households to India’s financial ecosystem.
- Who
- India’s potential new long-term investors, especially people in smaller cities, younger Indians, women, and digitally connected households.
- What
- India could add more than 100 million long-term investors by 2035.
- Where
- India, including its smaller cities.
- When
- By 2035.
- Why
- Growing participation by smaller-city residents, younger people, women, and digitally connected households is creating the opportunity.
Key facts
- Projected new investors
- More than 100 million long-term investors
- Projection year
- 2035
- Report source
- EY
- Key participant group
- Residents of smaller cities
- Other growth groups
- Younger Indians and women
- Enabling factor
- Digital platforms
- Broader trend
- Potential expansion of India’s financial ecosystem
Sources
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