Kotak Wealth and CRISIL Research launched the first report on the lives and trends of India’s ultra HNIs (high net-worth individuals) last year. The inaugural report established the broad framework, methodology and definition on who an ultra HNI was. It looked at the behavioral aspects, drives, priorities and motives of ultra HNIs when it came to spending and investing.
The 2012 report examines how ultra HNIs fared during the slowdown with special emphasis on luxury cars and education.
Source: Kotak Wealth and CRISIL Research (Top of the Pyramid 2012 report)
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