Indian Families Hold 14% Abroad, Below Global Peers Indian families keep a smaller share of their holdings abroad than families in comparable global markets, according t...
Indian families keep a smaller share of their holdings abroad than families in comparable global markets, according to Prithipal Singh.
Singh said Indian families hold just 14% abroad, while the corresponding share for global peers is between 30% and 40%. The comparison places Indian families well below the range cited for families in other markets.
The figures frame the discussion around Indian families going global and the level of international exposure in their holdings. The difference between the two groups is at least 16 percentage points at the lower end of the global-peer range.
The figures provide a simple measure of how much Indian families keep outside the country compared with their global counterparts. Singh's observation draws attention to the relatively lower overseas allocation among Indian families.
No further details were provided on the types of holdings, the families covered or the reasons for the difference.
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