February 15, 2010 by akhilendra
India’s growing wealth
One more evidence of growing India’s wealth came with the publishing of Forbes’ rich list. Forbes published the list of billionaires in India. In one year, India has doubled the number to 52 in comparison of 27 in previous year. This has to do a lot with the surge in stock market and a robust economy. Stock markets have gained around 75 percent this year itself and country’s GDP have been around 7 percent. Mukesh Ambani being the richest Indian with 32 billion USD. India has shown that if conditions are favorable, it has potential to produce billionaires at a faster rate than other countries. The combined net worth of top 100 wealthiest Indian stands at $276 billion which is more than china’s $170 billion.
India in recent past has seen a lot of upsurge in its economy. It is the third favorite destination for foreign direct investment in world, as per the UNCTAD’s survey for 2009-2011. Indian economy has grown consistently and now has reached a level where results are getting more visible. Country has seen lots of economical reforms and has gained a lot in last decade or so. Latest list of Forbes shows the way Indian economy has performed under adverse conditions. The figures are bound to go up once favorable winds are back. Things are changing and changes are for better in terms of the direction in which things have changed.
India has witnessed a lot of entrepreneurship, it has seen lot Indian companies taking birth and growing very rapidly in last few decades. Many Indian companies in various sectors are doing very well and are now going global. These things are bound to help in further growth of Indian economy and these kinds of lists are going to reflect that with more number of Indians featuring in these lists. Here is the list of top 10 richest Indians;
- Mukesh Ambani
- Lakshmi Mittal
- Anil Ambani
- Azim Premji
- Shashi & Ravi Ruia
- Kushal Pal Singh
- Savitri Jindal
- Sunil Mittal
- Kumar Birla
- Gautam Adani
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