- According to the Mercedes-Benz Hurun India Wealth Report 2025, India’s top 10 states host over 79% of millionaire households, showing high concentration of wealth in key regions.
- While Mumbai, Delhi, and Bengaluru continue to lead, Tier II cities are emerging as strong millionaire hubs.
- Seven Tier II cities in the top 10 millionaire hubs:
- Ahmedabad
- Surat
- Jaipur
- Vadodara
- Nagpur
- Visakhapatnam
- Lucknow
- These cities highlight the expanding footprint of millionaires and reflect the economic vibrancy beyond Tier I metros.
