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More than 150,000 Indian millionaires reside outside of their country's borders, making the non-resident Indian (NRI) sector one of the fastest-growing in global wealth, according to the Asia-Pacific Wealth Report.
Other recent estimates suggest that NRIs, broadly measured and including less wealthy investor segments, could now total $1 trillion in net assets. They generate more than $100 billion in income each year and in 2006 they...