PACK A DISRUPTIVE PUNCH STEEL THE SHOW CALLING THE DATA SHOTS FORTUNE FAVOR
REINVENT TO DISRUPT
RESETTING THE MANUFACTURERS'
THE POWER OF THREE ZERO IN O
India's tryst with digital began in 2010
with the launch of Aadhaar, a biometric
identification program. Since then, the
industry dynamics, especially in financial
services, have changed considerably.
Organizations are keen on embracing
technology not only to reduce costs and
boost operational efficiency, but also to
bring in transparency in operations. Other
government initiatives such as Pradhan
Mantri Jan Dhan Yojana (PMJDY), goods
and services tax (GST) and demonetization
are giving a further push to digitization. As
a result, today's businesses look nothing
like they did in the past.
The Indian asset management industry is undergoing a
massive change. It's among the fastest growing in the world.
Consider this: The total assets under management (AUM) by
Indian asset management companies (AMCs) increased by
32.5 percent to INR22.6 trillion (approximately US$350
billion) in 2016-17.1 And, this is only set to increase-
especially on the back of the government's Digital India
agenda and favorable demographics.