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EVENT PROFILE
For the 1st year, the leading annual forum for the wealth management industry is opening in Mumbai. The exhibition and conference is part of Extravaganza Mumbai – www.extravaganza.in - MUMBAI’s Leading Luxury Event.
The forum is a unique platform where financial institutions can launch and promote new products and professionals can network to explore new solutions and ideas.
India maintains the second fastest growing HNWI population in both the region and the world, welcoming 19,3% new HNWIs to its ranks. Checking the growth of population, India is the second highest populated country in the world after China.
Indian Economy experienced a GDP growth of 9.0 percent during 2005-06 to 9.4 percent during 2006-07. By 2025 the India's economy is projected to be about 60 per cent the size of the US economy.
India is now the fourth largest economy in terms of purchasing power parity, and is to overtake Japan and become third major economic power within 10 years.
The Indian market is enormous and there is no doubt that there are significant opportunities for wealth professionals to take advantage of.
Mumbai is the most affluent city in India, where the majority of Indian wealth is concentrated. Forty percent of India's taxes come from this city alone, and half of India's international trade passes through its splendid natural harbour.
Extravaganza Mumbai and The Shorex Wealth Management Forum Mumbai will attract over 3000 delegates including:
1,000 wealth management professionals and luxury distributors, creating an excellent platform for companies interested to initiate contacts, find distributors/agents/partners and develop business in the region.
2,000 High Net Worth Individuals (HNWI) and prominent personalities coming to the event to sample the best in luxury products and wealth management solutions.
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