The number of HNI’s and Super HNI’s in India have declined or increased in last 5 years?

I personally do not know, but the World Wealth Report 2012 says that India drop in ranking for 2011 to 2012.

Here’s a Credit Suisse report that estimates the number of millionaires in India will increase from 204 thousand in 2011 to 510 thousand in 2016. One page of the report focuses on India. It says that the number of HNIs is growing rapidly, but that many of the Ultra-HNIs claimed by India may actually be citizens of other countries.

Here is the text from that page:

Wealth in India has grown strongly in the last decade or so, with wealth per adult rising from USD 2,000 in the year 2000 to USD 5,500 in 2011. Given the 29% rise in adult population, aggregate wealth has more than tripled. In US dollar terms, there was a significant contraction in 2008, although much of this was due to changes in the rupee exchange rate. When this is taken into account, wealth growth in India has been fairly steady.

Along with most countries in the developing world, in India personal wealth is heavily skewed towards property and other real assets, which make up 88% of estimated household assets. Personal debts are recorded at only USD 258 per adult. However, it has been claimed that the large and wellestablished household survey on which the debt for India is based suffers from significant under-reporting of household liabilities, so that this figure may be an underestimate.

While wealth has been rising strongly in India, and the ranks of the middle class and wealthy have been swelling, not everyone has shared in this growth and there is still a great deal of poverty. This is reflected in a high proportion (43%) of adults with wealth below USD 1,000, well above the world average (27%).

At the other end of the scale, a very small proportion of the population (just 0.4%) has net worth over USD 100,000. If current growth continues, that number will rise: in 2011 alone, India acquired 34,000 new millionaires. However, details of Indian billionaires and similar high profile UHNW individuals suggest that a higher-than-normal proportion may be more properly regarded as residents of other countries.

In 2011 South Korea replaced India as the country with the 12th largest HNWI population. Here is an interesting graph. There is also a forecast for India here.