The Economic Times

India to have more older population set as fertility falls below replacement: Moodys

Moody's Ratings indicates that India's fertility rates have fallen below replacement level, affecting its population structure. As a result, India is expected to have a much older population by the end of the century. This demographic shift may lead to a smaller working-age population, limiting productive capacity. It also suggests that such trends could weaken household and consumer demand across the economy.