India has over 550 million people below the age of 25 years

------------
asr: see the potential if you can tap and train this huge youth, skilled work force and at world cheaper prices
---------------
According to the Federation of Indian Chamber of Commerce and Industry
(FICCI), India's demographic profile, with over 550 million people below the
age of 25 years, offers a sharp contrast to the labour constraint already
being faced by developed countries.

Member States like India and Iran (with 70% of its population under the age
of 30 years) are considered young countries, with a youthful population and
an attractive pool of skilled labour. There exists a huge potential for this
young and skilled labour to power the industry in more well developed member
States like Singapore and Australia.

Tremendous opportunities therefore exist for companies from Australia,
Singapore and Malaysia to invest in the tourism, infrastructure, and
engineering sectors in our least developed, as well as developing Member
States.
---------------
- this article by SamPitroda
I see hope in India mainly because 550 million are below the age of 25. In most places the population is ageing or decreasing. India is going to be a source of major global workforce.

The history of mankind is at a major transitional point. Everything we are doing today is a paradigm of the 19th or early 20th century. Take education or transportation. Who decided that it should take four years to get a degree? Somebody decided 200 years back and we are continuing it. Today, when you think of education you think of duster, chalk, blackboard, teacher, grades, exams or classroom. Technology has changed the learning models.

Today ask anybody how to open a bank account and you will know these kinds of processes were based on a 19th century mindset. What is the role of money, the role of World Bank, the role of IMF? All these decisions that were made after World War don't make any sense anymore.

Internet has changed everything, business models, access... everything in our lives is changing and different. Any local event becomes global instantly. All these have a far-reaching impact and we will have to restructure our institutions.

Today, health and education are expensive and not easily accessible.
--------------------