India’s young can power the world’s ageing economies
The global economy is entering a period of profound demographic transition. Across advanced economies, declining fertility rates, ageing populations, and shrinking workforces are creating structural labour shortages that curtail economic growth. Healthcare systems are struggling to recruit nurses and caregivers. Infrastructure programmes require skilled technicians and tradespeople. Digital economies continue to demand engineers, coders, and specialised professionals.
India is placed uniquely. For decades, countries have leveraged their natural resources as instruments of economic and geopolitical influence. The Gulf economies used oil. Australia built strength around coal, iron ore, and uranium. China leveraged its control over rare earth minerals. India’s greatest strategic resource may well be raw talent. In a rapidly ageing world, India has the largest reservoir of young human capital. There are 450 million Indians currently aged between 18 and 35 years, as per the UN’s population estimates. A significant share of this generation is English-speaking, digitally literate, culturally adaptable, and globally connected. Most importantly, they possess a level of collective........
