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India's per capita income may be $17,000 by 2050

January 17, 2007 03:06 IST
By Pallavi Bisaria in Lucknow

India may have a per capita income of about $17,000 by the year 2050, which is same as Korea's at present.

Also, incremental demand is expected to rise by 10 percent over the next five years, mainly due to addition of more women to the workforce.

This information was provided by Roopa Purshothaman, chief economist of the Future Group and author of Dreaming with BRICs: The path to 2050, while addressing students of the Indian Institute of Management, Lucknow, on Tuesday.

Pallavi Bisaria in Lucknow
Source:

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