India: Labour to unlock


As economies worldwide – including fast-growing rival China – grapple with the cost of ageing populations, India, with 1.2bn people, growth of 8.5 per cent a year and a pro-western business elite, is widely expected to be an engine of global growth, both as a market for multinationals and as part of the global supply chain. Its estimated 4m English-speaking software engineers and call-centre workers – as well as talented scientists and investment bankers – create the aura of an emerging knowledge superpower, brimming with untapped talent waiting to be absorbed.

Financial Times for more

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