Billionaire who manages wealth for India's burgeoning new rich

The nation’s demographics are a driving force, as well as the government's push towards a less-cash economy, which has pushed savings into the financial system. India’s young and thriving workforce will support its growth for years to come, Jain, 51, said in a phone interview, pointing out that millennials account for about a third of the country’s population and most of the income.

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