Automation and disruptors are the two big concerns for India's CEOs as they look for newer ways to stay relevant in an increasingly competitive market, says a KPMG survey.According to KPMG's 2016 India CEO outlook , 60% of the country's top executives believe automation will soon be adopted and will eliminate an estimated 5% of their manpower. If the response among telecoms to Jio is anything to go by, a whopping 81% CEOs see new entrants disrupting their business models and 84% worried about the relevance of their products/services three years from now.Several CEOs believe that they do not have the necessary information to assess how their customers use their products and services, or where their companies do or do not operate effectively, factors that are making them vulnerable to new age competition.The worry is palpable. A report by HfS, a US-based research firm, predicted that India's IT services industry will lose 6.4 lakh 'low-skilled' jobs to automation in the next five years."I think in the IT sector, may be 10 per cent minimum of incremental jobs that are created will disappear. That means every year if they do (create) 2 to 2.5 lakh jobs, 25,000-50,000 jobs will disappear," says Mohandas Pai , CFO and HR Head at Infosys.A total of 125 CEOs in India participated in the survey. Among them, 18% were from companies with revenues between $500 million and $999 million, 65% from companies with revenues from $1 billion to $9.9 billion, and 17% from companies with revenues of $D10 billion or more. Seventy eight per cent of the CEOs came from public companies and 22 from private companies.Among the top three CEO concerns, 82% them worried about keeping up-to-date with new technologies, while 92% were concerned over integration of automated processes with artificial intelligence and cognitive processes."Nobody's really seen what automation and robotics will really lead to. There will be some impact of automation but overall we believe that technology adoption will actually lead to more job creation across sectors," said Sangeeta Gupta, senior vice-president, Nasscom According to the survey, 82% CEOs worry about losing pace with new technologies, forcing them to look at new methods to retain talent and stay ahead in the game. Automation was again seen as common solution, with as many as 23% saying they would focus on new technologies to counter the skill gaps.