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Business & Management

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India, with its young and dynamic workforce, is poised to become the next global superpower. India’s population by mid 2023 is estimated to reach 1.4286 billion, against 1.4257 billion for China, making it the most populous country in the world. This means that India has a golden opportunity and the required potential to harness its demographic dividend and become a global leader and superpower by 2030. With a large domestic market, the country certainly has what it takes to drive global demand and become a hub for manufacturing and services. The government’s focus on infrastructure development, such as building new airports and highways, is further boosting the country’s economic growth and attracting foreign investment. Here are a few sectors and initiatives that are propelling India towards becoming the next global leader: 1) Information Technology (IT) India’s young workforce is one of its biggest assets. With over 50% of the population under…