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India to become a developed nation: Premji

Submitted by Karthik on 4 July, 2004 - 21:08

The Economic Times has an article covering Wipro chairman, Azim Premji's recent speech in which he outlined the case for India being all set to become a developed nation.

"First, we have world's largest talent pool since we account for 1/6 th of the world population and 34 per cent of this population consists of people below 15 years", he said.

"Projections of the demographic profile by many experts indicate that especially among the developed countries, by about 2050, a large proportion -- in some cases even as much as 70 per cent of the population will be of 70 years and above age. It is in this context that we have the opportunity of building the world's largest talent pool," Premji said.

The article can be reached here.