India’s Labor market increasing faster than China!

We all are familiar with cheap products from China, aren’t we?

These produce are result of inexpensive labor cost in China.

This low-cost expense have created haven for investments from all around the world.

This has led to economic development. This has caused labor to demand more income.

This makes businesses rely on china’s neighbor, India.

With increasing population and analysis of it surpassing the population of China by 2030, India gives hope to businesses.

These means that there will be increase in working population as Indian population comprises mainly of age group of 15-64.

This age group contributes to economy which creates wealth and which in theory creates infrastructures for the businesses.

As India lacks the quality of infrastructure, it must give it main priority so international business are attracted to it.\

But……. these policies look great on paper.