Can India Turn Its Promise Into Prosperity?
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Blackstone COO Jon Gray says India’s young population, expanding middle class and improving infrastructure are drawing interest from global investors. But India’s demographic advantage also creates pressure: millions of young people graduate every year, while formal-sector job creation has not kept pace with their skills and expectations. At the same time, Indian states are competing aggressively for investment by cutting regulatory barriers, building industrial infrastructure and targeting sectors from electronics to semiconductors. The question is whether India can turn its scale, talent and investment momentum into enough productive jobs to sustain its growth. This version corrects a map of India. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market dat
Tags: Bangalore, Blackstone Group LP, David Westin, IT Services, India Government, India investment, India tech talents, Indian Stock Market, Infosys, Jobs, Jonathan Gray, New economy, Silicon Valley, engineer, opportunity, technology
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