Another conglomerate sets eyes on India’s wealth market

“Depending on the client’s own financial goals and ambitions, this may or may not be the best strategy for the client. So in the space that we’re targeting, which is not ultra-high net worth individuals, but people with investable wealth, at that level, the big competition that we’re seeing is coming from banks on one side where some of these incentives are misaligned,” Godrej said.