India’s Demographics
I attended a recent Investment in China and India Summit hosted by Financial Research Associates I will use this forum to share some of the slide/insights that were given at this summit for the benefit of those hoping/thinking/planning on investing in an Asian country – China, India or Japan.
Here are some figures about India’s demographics
There are 3 cities in India with a population of more than 5 million.
By 2025, there will be more than 13 cities of more than 5 million people.
By 2025, the percentage of urban population will be 40%.
The current population of India is 1.1 billion.
The growth rate is 1.4% (highest in poorer states)
54% of the population is below 25 years of age.
Read the above line again.
300 million Indians are viewed as middle class.
The literacy rate of Indians is still less than 70%.
Source: Probitas
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