What does India rely on to rise step by step?

India has a population of over 65.438+0.3 billion, with an average age of 27.3 years. Contrary to Japan, where the population is aging, the median age is 47. India's population structure can be said to be quite young, with a young population, cheap labor, huge market and the advantages of English-speaking countries, so most foreign investors will give priority to India. With foreign investment, India's per capita income in 20 18 is 2 100, and it is expected to reach 3,200 in 2030. With the increase of per capita income, this sleepy elephant has a bright future.

India is a big exporter of talents in software development and IT industry. Because software development is different from general industries, it doesn't need to invest a lot of money to buy equipment, land and factory buildings. Software development as long as you have a computer mouse, you can start designing products. Even if there is something wrong with the software, as long as the program can be rewritten, the loss is not great, and the success rate of young people in India to get rid of poverty is much higher.

Although India is a big country, it contains 29 states, which are independent and can cooperate with each other. Indians not only need to understand each other, but also need the ability to defeat their opponents. Not only that, in Silicon Valley, Indians are the CEO exporting countries second only to the United States, and Indians have a place in the world by virtue of their habitual competition and adaptability to cultural differences. Little known is that India is actually the third largest pharmaceutical country in the world and the second largest drug listed country of the US Food and Drug Administration (FDA), accounting for 8% of global drug production. It is expected to become one of the five largest markets in the world in 2020. Indians who have been under British colonial rule have a strong learning energy to turn "copying" into "possibility".

Drawing lessons from China's open policy, India is now learning from other countries' open policies, attracting a lot of foreign investment to set up factories, increasing employment rate and driving the overall economy. Just as China's manufacturing industry in 1990s led to the subsequent development of China, of course, each country has its own policies and difficulties, which led to the slower development of India than China. But relying on demographic dividend, education and industrial types, India's growth rate will grow rapidly.