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India is expected to surpass China as the world’s most populous nation in 2023. Both countries have more than 1.4 billion people, but where India’s population is relatively young, compared to the rest of the world, China’s birth rate is in decline and its population is getting older. What does this mean for India? By 2047, 1 in 5 people working in the world will be from India, according to India’s Century, a report charting a roadmap for India’s future, by McKinsey & Company and the Federation of Indian Chambers of Commerce & Industry. Alok Khirsagar, India’s Century co-author, highlights the importance of leveraging on India’s digital infrastructure to generate jobs for India’s young population. "It’s very important that we’re able to use technology to distribute manufacturing services into smaller towns and smaller cities, and not as dependent on the large cities to drive growth," he said to CNBC. He predicts that agriculture, education, logistic

Piyush gopalGhosal singhAlok khirsagarFederation of indian chambers commerce industryMckinsey companyObserver research foundationIndian chambers