According to Forbes' latest compilation, the combined net worth of India's 100 richest people rose to $300 billion this year from $276 billion last year, driven by the country's booming economy and a rally in the stock market. The Forbes India Rich List says there are 69 billionaires this year, 17 more than last year.
The record number of billionaires on this year's Forbes list of Richest Indians is yet another clear signal that the centre of gravity will increasingly shift to India and China over the next decade.