India's Population to Age Sharply as Fertility Falls Below Replacement

Moody's Ratings reported that India's population will age significantly later this century due to fertility rates falling below the replacement level of 2.1 children per woman. This demographic shift will reduce the workforce and consumer base, limiting economic growth and increasing reliance on productivity. Globally, over 70% of people live in countries with fertility at or below replacement, including many large economies.

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