On this Independence Day for India, 15 August, it was a privilege to attend the flag raising ceremony at the Indian Consulate in Melbourne (picture below).
It made me reflect on one amazing statistic about India – more than 50% of its population is below the age of 25 (that’s 600 million) and more than 65% below the age of 35. It is expected that, in 2020, the average age of an Indian will be 29 years, compared to 37 for China and 48 for Japan.
This “Demographic Dividend” will drive economic growth and cultural change.
Happy Indian Independence Day!