31,800 Indians earn more than ₹10 crore per year: Report

In India, the number of people earning more than ₹10 crore in a year has surged by 63% in the last five years to 31,800, according to a report by Centrum Institutional Research. The cumulative income of these people surged by 121% CAGR during the time period. Meanwhile, the number of Indians earning over ₹5 crore annually increased by 49%.