WEBDESK: A recent report has exposed the growing fears among India’s business elite, declaring their future increasingly unsafe under Narendra Modi’s rule. According to the Henley Private Wealth Migration Report 2025, Modi’s much hyped economic model remains nothing more than empty slogans, while the country’s wealthy class faces mounting risks and instability.
The report reveals that around 3,500 high net worth individuals (HNWIs) have decided to leave India in 2025 alone. This rising trend of mass financial flight is being seen as a clear reflection of the Modi government’s failed economic policies. Alongside financial losses, the report warns of a major brain drain, depriving India of its entrepreneurial talent and capable leadership.
The Henley report further highlights that under Modi’s leadership, India’s skilled and professional class is weakening rapidly. Preference for Hindutva driven policies over economic development has led to deepening instability, prompting India’s business elite to abandon the country.
Adding to this crisis, the report notes growing political instability, social unrest and declining public trust in government policies across India.
It also disclosed that the Indian elite are preparing to move $26 billion worth of wealth abroad, with the United Kingdom, the United States, and the UAE emerging as top destinations. Despite claims of economic growth, this financial exodus indicates a clear lack of confidence in Modi’s policies.
In recent years, rising corporate taxes, suffocating regulations and political uncertainty under Modi’s leadership have caused increasing anxiety among India’s investors and businessmen. The report claims that India’s so-called ‘shining economy’ is limited to headlines and propaganda, while ground realities paint a far bleaker picture.
Interestingly, while India’s billionaires rush to shift their wealth overseas, Pakistan, despite facing economic challenges, has succeeded in retaining investor trust.
Modi’s loud claims of economic progress have once again been exposed as hollow, as the country’s wealthiest individuals now look towards the West for a more secure and stable future.
