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Most Indian Entrepreneurs Expect Wealth To Improve, But Nearly Half Concerned About Succession Planning: HSBC Report

HSBC Global Report 2025 shows Indian entrepreneurs' optimism for wealth and global expansion, yet persisting concerns about succession planning

AI Generated
Indian entrepreneurs show optimism amid global expansion plans Photo: AI Generated
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Summary

Summary of this article

·       Multi-generational family business are backbone of Indian business ecosystem

·       95 per cent of Indian entrepreneurs expect personal wealth growth

·       53 per cent plan international market expansions within a year

Indian entrepreneurs feel optimistic and confident about the future, fueled by digital progress and global connectivity. According to HSBC Bank's The Global Entrepreneurial Wealth Report 2025, India is one of the most dynamic entrepreneurial hubs, and Indian entrepreneurs are ambitious and confident. The survey collected responses from nearly 3,000 entrepreneurs from 15 countries to understand their approach and thus the trend.

The report notes that 95 per cent of the Indian entrepreneurs expect their personal wealth to improve in the coming years, whereas around 56 per cent feel 'very positive' about the trajectory of their personal wealth compared to the global average of 50 per cent.

It finds its roots in the economic reforms and India's positioning in the global supply chains. Artificial Intelligence (AI) also has a major role, making the prospects look positive to entrepreneurs globally. Where 62 per cent of respondents globally feel positive about AI in business prospects, in India, 67 per cent consider AI a positive driver of business outlook.

India's business owners are notably outward-looking and plan to expand their business in other countries, says the report. More than half (53 per cent) plan to expand into new international markets in one year, and 51 per cent aim to purchase a business abroad compared to the 28 per cent global average.

Notably, Indian business owners focus on expanding business in the US (88 per cent), UAE (85 per cent), Singapore (82 per cent), and the UK (79 per cent). On the other hand, two countries whose entrepreneurs show the most interest in India are Malaysia (39 per cent) and the UAE (37 per cent), due to the competitive labour market and larger customer base.  Along with expanding their businesses, entrepreneurs also seek additional residencies in that country. The top reasons include expanding business, new investment opportunities, and a better quality of life for oneself and one's family.

Further, the report highlights that Indian entrepreneurs lean towards diversification by moving assets internationally. Their portfolio mix includes property, publicly traded stocks, private assets like equity and credit, life insurance, and even cryptocurrencies.

Multi-generational family businesses are the backbone of the business ecosystem in India. Around 72 per cent of business owners in the country come from such a background, with most of them aiming to keep the business in the family to preserve the legacy. However, around half of the respondents globally are concerned about succession planning and continuity of the business if they are not around.

Indian entrepreneurs prioritise health and wellness more than their counterparts in many other countries. Around 61 per cent allocate a significant part of their wealth toward health and wellness. The report also highlights a trend toward charitable giving, especially among younger and female business owners globally. Gen Zs are investing the highest in their health and longevity (55 per cent) compared to Gen X and Baby Boomers (44 per cent).

The report's data show that Indian entrepreneurs are optimistic about the future of creating wealth by leveraging technology, expanding globally, and redefining their business legacy, along with innovation and social responsibility. 

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