According to a report from Citi Private Bank and Knight Frank, the wealthy people in India are currently planning on spending serious money on private yachts and jets. Of course, that doesn’t surprise us too much, as we already noticed this tendency before. The vice president for international sales of Cessna Aircraft predicted that by 2025 India will be “in the top 10 individual countries for business jet ownership outside the U.S.”
The aforementioned study talks about the next five years when it sais that Indian billionaires will invest significant amounts of money in their water and air toys. But that doesn’t mean they haven’t already done so in the past. Remember our list of Indian moguls’ private jets? It was pretty impressive. So just imagine how amazing the list will look like in a couple of years from now.