18% of Canada-based NRIs, followed by 16% of UK and 12% of Singapore-based NRIs, focus on retirement planning while formulating long-term investment strategies
The report shows that a notable 23% of returning NRIs favor Mumbai, making it the leading destination. Among these, 18% are from the United States, followed by 14% from Canada, 11% from Singapore, and 11% from various other countries.
The report delved into the factors shaping NRIs decisions when selecting these destinations, delivering a concrete picture of returning NRIs mindset
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At the bottom of the chart lies the tourism and transportation sector, with only 3% NRIs planning to invest or set up a business in the particular segment.
The SBNRI report unveiled that 18% of NRIs are from the US, followed by 14% of NRIs from Canada, along with 11% from both Singapore and other countries, as the top choice for business or investments.