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Singapore ranks as the most preferred destination
New Delhi: Luxury travel is fast becoming a key part of the lifestyle of India’s wealth. According to the Hurun India Wealth Reports the India now has over 16.23 lakh millionaire households a sharp rise from previous years.
This growing affluence is clearly reflected in the travel choices of high net-worth individuals (HNIs), who prefer destinations that offer exclusivity, comfort, and world class experiences.
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The number of millionaires in India has increased by the nearly 90% since 2021 with Mumbai continuing to lead as the country’s financial and millionaire hub. For many wealthy Indians the travel is not just about leisure but about experiencing luxury at its finest from five star resorts to unique cultural experiences.
Singapore ranks as the most preferred destination which chosen by around 11% of Indian millionaires. Known for its luxury hotels, fine dining, and modern infrastructure, the city offers premium experiences at iconic locations like Marina Bay Sands and Raffles Singapore. It is also a popular hub for investment and education.
The United Kingdom and Switzerland jointly hold second place each attracting around 9 per cent of high net-worth individuals. Set at the heart of Europe. Both destinations blend natural beauty with strategic connectivity making them easy yet rewarding choices for affluent travellers.
France and Greece are also popular drawing about 5% of millionaires. Paris continues to shine as a global fashion capital home to luxury brands like LVMH, while the Greece attracts travellers with its scenic islands and rich cultural heritages.
Italy particularly Milan remains a favourite among luxury seekers. With global fashion houses like Prada the country offers a blend of style and culture with exclusivity.
The United States and Australia each attract about 8% of Indian millionaires. While the USA is known for business and financial opportunities and Australia offers serene landscapes and high-end travel experiences.
Japan appeals with its refined culture and craftsmanship, while Maldives remains a top pick for private island getaways and beach luxury. The Maldives continues to dominate as the ultimate beachside escape. Synonymous with opulence, Maldives surprisingly ranks much lower in the list.
Dubai in the United Arab Emirates stands out for its tax benefits, safety, and modern lifestyle, making it a hotspot for both travel and investment and world-class infrastructure with an unmatched sense of safety and convenience make Dubai a magnet for global wealth.
From global cities to exotic beaches the India’s millionaires are choosing destinations that reflect their lifestyle and aspirations. As wealth continues to rise while the luxury travel is set to grow even further among the country’s elite.
