Denver/New York — India’s millennial generation is bigger than China’s or the US, which will boost the nation’s labour force to the world’s largest by 2027, according to a Bloomberg News analysis of UN population-projection data. India’s working-age population is expected to expand to 18.6% of the global labour force by 2027, up from 18% this year, while China’s is forecast to fall to 18.3% from 20.5%, the data show. The number of people in China aged 15 to 64 years will drop by 21-million to 989.4-million. In India, this number is expected to exceed 1-billion. Millennials are "the key demographic segment in India’s population and labour force", according to a research report by Morgan Stanley. "India’s strikingly young population is in sharp contrast to that of other large economies such as China, the US and Europe." India’s millennial population is larger than China’s or the US’, according to Morgan Stanley, which defines the group as between the ages 18 and 35 years. The populati...

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