Growth opportunities: India’s household savings could channel $9.5 trillion into financial assets over next decade, says Goldman Sachs report

A Goldman Sachs report indicates a significant shift in Indian household savings. Nearly $9.5 trillion is expected to flow into financial assets in the next decade. This transition from physical assets like gold and real estate to financial instruments is notable. Long-term savings products, bank deposits, equities, and mutual funds are set to benefit.