India has the potential to become global manpower supplier
India’s young population, in an environment where most developed countries are
aging fast, offers a big opportunity for India to become the global supplier of skilled manpower to the developed world. Table 7 shows the percentage of total population less than 25 years (as of ’04) for developed and developing countries.
Table 7: India – Youngest country with scale
Country % of population below 25 years of age
Germany | 26 |
Japan | 27 |
Brazil | 29 |
Indonesia | 30 |
US | 30 |
China | 42 |
India | 53 |
Source: ILO
Population alone is not an advantageous factor. However, given that India produces the largest number of graduates and engineers in the world, we believe the country has the potential to become the service hub of the world.
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