As India’s fast-growing economy and state-backed indigenisation throw up opportunities, India’s legacy conglomerates are looking for a transformation by diversifying into emerging areas. These businesses are grabbing emerging opportunities to ride the next decade of growth by betting on new-age businesses or sectors that are getting organized.

Our Rishabh Shroff, Partner and Co-Head (Private Client) shares his views on why legacy businesses are in a position to make such bets with Fortune India. (Photo Credit: Fortune India)