In an article in the Wall Street Journal on Asia’s graying populations, Nicholas Eberstadt writes on India:
The overall population profile [of India] will remain relatively youthful, with a median age projected at just over 30 in 2025. But this is an arithmetic expression averaging diverse components of a vast nation. Closer examination reveals two demographically distinct Indias: a North that stays remarkably young over the next 20 years, and a South already graying rapidly due to low fertility.
It may surprise some readers to learn that sub-replacement fertility already prevails in most of India’s huge urban centers–New Delhi, Mumbai (Bombay), Kolkata (Calcutta), Chennai (Madras) among them. Even more surprising, sub-replacement fertility prevails today throughout much of rural India, especially in the rural South. There, graying now proceeds apace. By 2025, South India’s population structure will be aging unmistakably. In places like Kerala, Tamil Nadu and Karnataka, median age will be approaching a level comparable to Europe’s in the late 1980s–and around 9% of population will be 65 or older (Japan’s level in 1980).
Read the full piece here.
And feel free to comment on how this will impact the Indian economy, and that of the world.
(Link via email from Vivek Ghodekar.)