PACK A DISRUPTIVE PUNCH STEEL THE SHOW CALLING THE DATA SHOTS FORTUNE FAVOR

REINVENT TO DISRUPT

RESETTING THE MANUFACTURERS'

PLAYING FIELD

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.