India’s demographic dichotomy
On paper, India is a demographic diamond in the rough. In the next decade, the ratio of its population at working age is set to surpass China’s. And in the next five years, the amount of Indians entering the labour market will be one-and-a-half times that of the rest of the Asia-Pacific region, the US and EU combined. But can India create enough quality jobs to meet the market's growth hopes? Gautam Chhaochharia, Head of India Research at UBS, investigates.
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