ET Alpha Wealth Summit | Wealthy Indians are quietly shifting money into gold, global stocks and AI infrastructure; Rajesh Saluja explains why

Wealthy Indian investors are increasingly shifting allocations toward gold, global equities, and AI infrastructure, according to ASK Private Wealth CEO Rajesh Saluja at the ET Alpha Wealth Summit. He advocated resilient, diversified portfolios over return-maximization, flagging risks in FOMO-driven pre-IPO deals. Saluja highlighted data centers as a major opportunity, noting Indian operators have secured multi-year contracts from global tech giants following disruptions in the Middle East, supported by India's renewable energy capacity target of 500 gigawatts by 2031.