India could add more than 100 million long-term investors by 2035 as investing expands beyond the traditional metro and affluent investor base, according to an EY India report.
The opportunity is striking because the country has already built the digital infrastructure needed to bring millions of people into the financial system. India has more than 550 million active UPI users, but only around 62 million individuals invest in mutual funds and approximately 50 million actively participate in equity markets.
