HSBC Report: 74% of Indian Entrepreneurs Weighing a Move Abroad, Singapore the Top Choice

2 October 2026National

HSBC's Global Entrepreneurial Wealth Report 2026 finds 74% of Indian entrepreneurs considering relocating their business or personal base abroad. Singapore is the single most favoured destination at 14%, with France, the United Kingdom and the United States drawing 11% each. On technology the picture is near-universal: 99% of Indian founders have adopted or plan to adopt artificial intelligence and 65% already use it, while 54% are putting 11-30% of turnover into AI spending. The barriers they cite most often are data privacy (44%), employee resistance (38%) and integrating legacy systems (35%).

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HSBC, the Hongkong and Shanghai Banking Corporation, was founded in 1865 and is headquartered in London | Singapore has topped several recent business-environment rankings and is India's largest source of FDI inflows | India overtook Japan to become the world's fourth-largest economy by nominal GDP in 2025

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