Mumbai, Oct. 14 -- India's Alternative Investment Fund (AIF) industry has significant growth potential and could play a crucial role in the country's economic expansion, while artificial intelligence (AI) continues to present a major opportunity, said Mayank Jha, Managing Director and Partner at Boston Consulting Group (BCG).

Speaking to ANI on the sidelines of the 4th CII Alternative Investment Fund Summit 2026, Jha highlighted that alternative assets account for just 6 per cent of India's asset management industry compared with 19 per cent globally.

Hence, "the opportunity of alternative assets to become important in the growth of the Indian economy is certain...there is a lot of headroom to get there," he added.

Highlighting the gro...