As India’s economy takes bold strides, marching confidently into a new world, so does its industries and services across the board. Crucial, however, to the overall health of the economy is its financial sector, contributing over 6% currently to the GDP. The financial sector, forms the backbone for the economy when it comes to creating and growing the wealth of not only the country, but therefore for its citizens as well.

India is home to one of the world’s most vibrant economies, boldly supported by an equally rock-solid financial sector, which has refused to buckle under global pressures since 2008, only growing stronger with each passing year. India today remains the only economy that is showing above 5% GDP growth, ably backed by its steady fiscal policies and aims to grow at 7-7.5% in FY 2018-19. If India manages to achieve this growth rate, it will be the only economy in the world growing at that rate.

With a market of over 1.2bn people, the opportunities of India as a great investment destination and a financial powerhouse isn’t lost on anyone in the biggest global platforms. The respect it got in the recently concluded 49th Davos Summit is just a glimpse of the kind of authority that India as an economic superpower is likely to hold in the future. Creating that powerhouse with a rock solid base will mostly be thanks to its sound fiscal policies and financial structures. It is with that in mind that India’s largest digital financial publication, Moneycontrol, has decided to honour the companies, the people and the leaders behind creating this robust financial services sector that has kept the country on its feet even at the worst of times.