India Set To Account For 16% Of Global Consumption By 2050: McKinsey Report
India is projected to reach 16% of global consumption by 2050, up from 4% in 1997 and 9% in 2023, says a McKinsey report.
The Future Is Ours: Why India’s Demography Could Be a Promising Dividend
The UNFPA report offers several reasons for optimism. The report indicates that 25% of India's population is in the age group of 0-14 years, 18% in 10-19 years, 26% in 10-24 years, 68% in 15-64 years, and 7% above 65 years old.
