India Inc. must take on a bigger role to ride the demographic dividend wave - ET Edge Insights
India Inc. has a significant role to play in leveraging the country's demographic dividend
India is currently experiencing a demographic dividend, with a large proportion of its population in the working-age group. This presents a significant opportunity for economic growth, as a larger workforce can contribute to increased productivity and innovation.
However, in order to fully capitalize on this demographic dividend, India Inc. needs to take on a bigger role. Businesses need to invest in skill development and training programs to ensure that the workforce has the necessary skills for the 21st-century economy.
They also need to create more high-quality jobs and provide opportunities for entrepreneurship. Additionally, businesses need to promote inclusivity and diversity in the workplace to tap into the full potential of India's diverse population.
Key Challenges
Addressing these challenges is critical for India Inc. to fully capitalize on the demographic dividend. By investing in skill development, creating high-quality jobs, and promoting inclusivity, businesses can help to create a more prosperous and equitable India for all.
India Inc. can play a significant role in leveraging the country's demographic dividend. By taking on a bigger role in skill development, job creation, and inclusivity, businesses can help to create a more prosperous and equitable India for all.