India is going through a demographic shift – from being a young nation, India is seeing a sharp rise in its elderly population. It is estimated that, by 2030, 12% of India’s population will be over the age of 60 and by 2050, 20% of the population will be Senior. However, is India ready for this new Consumer Segment!
While the Senior Care Segment has seen a steady growth as a sector of interest across stake holders, but the Ecosystem for Seniors in India is in its infancy. As a service provider to Seniors, I have developed my own view of how ecosystem could evolve and what can augment it.