1、Positioning India as the Talent Partner to the WorldUnlocking Global Pathways and Circular MigrationSeptember 2025Executive SummaryMany of the worlds high-income countries are experiencing rapid demographic changes.With population growth slowing down or in the negative already,many of these countrie
2、s have to contend with an aging population and a declining labour force in the years to come.By 2030,these changes will manifest as a severe labour gap of 4550 million workers.This gap,expected to further quadruple to 200250 million by 2047,is concentrated in 20 countriesled by the United States and
3、 the United Kingdom,and joined by emerging labour-deficit economies such as Germany,South Korea,and Japan.Almost 50%of this gap is driven by blue-collar roles,including those undertaken by transport workers,industrial workers,sales professionals,and hospitality and care workers.While advancements in
4、 AI are leading to job displacements and helping mitigate the labour gap(primarily disrupting repetitive tasks,with the least impact expected on blue-collar jobs),they are also unlocking new roles and changing the skills required for existing jobs.In this context,circular migration has a key role to
5、 play in bridging the widening labour gap.India is uniquely well-positioned to be a global talent provider in this backdrop,due to a combination of an advantageous demographic position and skilled white-collar workforce which lends it a strong starting position in overseas labour markets.India can d
6、ouble its annual overseas employment flow to 1.5 million by 2030potentially increasing remittances by over 100%to USD 300 billion per yearby building a robust public and private ecosystem,cultivating a globally recognised and skilled workforce across both blue-and white-collar roles,and leveraging i