Wealthy locals, ‘vocal for global’: Here’s what a HSBC report says…

Rich entrepreneurs in India are spending their wealth on luxury lifestyle as their optimism and global outlook help them expand their horizons across borders, according to research from HSBC Private Bank.

The HSBC’s Global Entrepreneurial Wealth Report 2025 reveals that allocations toward real estate for personal use (64percent), health and wellness (61percent), and luxury experiences (59percent) are significantly higher among entrepreneurs in India compared to their global counterparts.

The report reveals that entrepreneurs in India are overwhelmingly positive about their personal wealth outlook, with 95 per cent predicting their wealth will grow over the next few years.

Among them, 56 per cent believe their wealth will improve significantly, while 39 percent expect moderate growth. This optimism is particularly pronounced in markets such as the UK,UAE, India, and Singapore.

Key drivers of this optimism in India are opportunities for new investments and ventures (64 per cent), positive performance of investment portfolios (56percent), favourable economic outlook for the local economy (54 percent) and positive business performance (43 per cent).

When it comes to business outlook, entrepreneurs in India exhibit significant confidence with 98 percent expressing positivity. They believe technological advancements and business opportunities will be key drivers of growth.

Global mobility

Entrepreneurs in India have a particularly global outlook, with 73 per cent holding multi-residency status — significantly higher than the global average of 56 per cent. The vast majority are open to relocating abroad, with the UK and US emerging as the top destinations, followed by Switzerland, UAE, and Singapore.

Among those entrepreneurs looking to make a personal move, the primary motivations for cross border movements include better quality of life for themselves and their families (78 percent), access to new investment opportunities (75percent), and expansion of business into new markets (71percent).

The UK is the most popular destination for Indian entrepreneurs looking to move wealth, followed by Singapore, the US, Switzerland, and the UAE.

Investment portfolio

The report shows how wealthy entrepreneurs in India have diverse investment portfolios, with a strong focus on life insurance (73 per cent), property investments, including commercial real estate (58 per cent), publicly-traded stocks (53percent) and private assets (51percent).

Additionally, 42 percent of respondents prioritize charitable donations, reflecting a commitment to giving back to society.

Challenges in mobility

Despite their optimism, Indian entrepreneurs face challenges in managing their global operations and wealth.

Key concerns include complexities in managing existing business operations from abroad (50 percent), visa and residency requirements (49percent), and challenges in purchasing property in new locations (48 per cent).

Succession planning also remains a critical area, with 64 per cent expressing concerns about structuring business transfers effectively.

Commenting on the research findings, Sandeep Batra, Head of International Wealth and Premier Banking, HSBC India, said, “Indian entrepreneurs are redefining the global playbook with their optimism, ambition, and growth mindset. Their investments in luxury lifestyles, global mobility, and diversified portfolios signal not just confidence in their wealth trajectory but also their readiness to capitalize on the next wave of global opportunities and deepening international wealth corridors as globalisation enters a new phase.”