Societies worldwide are entering a new demographic phase as populations age, transforming longevity from a potential liability into an asset. This paper employs secondary research to analyse demographic trends in India and globally. It underlines how age structures are changing and the “longevity economy” is growing faster due to declining fertility and rising life expectancy. With India’s older population projected to multiply by 2050, the nation faces the challenge of a large youth cohort and rapid aging. Nonetheless, it is becoming a market with a lot of potential for investment. The paper examines the economic impacts of a population aging, the rise of the longevity (silver) economy, and sectoral shifts in healthcare, technology, and senior living. By examining these patterns and issues, the paper offers practical insights for supporting robust and equitable economic growth in the aging economy.
Vasavdutta Kothari (Wed,) studied this question.