Emerging economies attract intense scrutiny whenever their GDP figures are forecast or published. These countries are, after all, the motors of the new world economic order, something heightened by the current predicament of the developed markets.
As Gunjan Bagla, author of Doing Business in 21st Century India, points out, the appeal of India to overseas investors is underpinned by demographics.
“India’s demographic is largely quite young — half the country is younger than 25 — and the middle class is growing very rapidly,” he says. “Any sector or industry that links to this growth over the next 20 years is ripe with opportunity.”
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Last updated: July 9th, 2024
