India remains key equity bet for wealthy Gulf NRIs

India remains a key investment destination for wealthy NRIs in the Gulf.

Traditionally, their wealth was concentrated in family-owned businesses and real estate.

However, there is a growing trend towards diversifying into global liquid assets, private equity, and international markets.

This shift is driven by market volatility and the preferences of the next generation of wealthy Indian families.

Despite this diversification, India continues to hold a central place in NRI portfolios.

The interest in Indian assets is recovering, supported by a robust pipeline of IPOs and equity release from old family businesses.