Wealthy individuals are leaving India not primarily due to pollution or lifestyle factors, but because of a lack of structural change and competition within the country's business elite, according to Sanjeev Sanyal of the Prime Minister's Economic Advisory Council. He cited decades-long dominance by established families, stifled innovation, and bureaucratic hurdles as reasons for millionaires seeking stability and opportunities abroad, often setting up family offices in places like Dubai. Sanyal emphasized the need for increased investment in research and technology to foster long-term economic strength.