PTI
 
New Delhi, Nov 17: In a new world order, being created by the growing importance of India and China in the global economic arena, the number of high-income households in the two countries would more than double to 6.4 million by 2010, from less than three million in 2005, a new study shows.

According to data compiled by Hong Kong-based research firm CLSA Asia-Pacific Markets, India would account for a bigger pie of 3.8 million in the combined number of rich households in 2010, as against 2.6 million in China.

The study also shows that India will have lesser number of 'deprived' households, the lowest in the income range, than China.

The number of deprived households in India would drop to 114 million in 2010, from 135 million in 2002, while there would be 290 million deprived Chinese households in 2010 as against 301 million in 2005, CLSA said.

However, the combined number of rich households in China and India would still account for less than 1 per cent of the total number of households at 664 million in 2010.

A total Indian population of 221 million households in 2010 would constitute of 3.8 million rich, 6.1 millions strivers, 22 million seekers, 75 million aspirers and 114 million deprived households based on their income range, the study shows.

India and China are continuously getting urban, nuclear and rich and the number of rich households in the two countries is set to rise significantly in the next 15 years, CLSA said.