What You Didn't Know About Asia's Next Powerhouse
India's the emerging market just waiting to join the ranks of the highly-productive developed countries. And we found some facts that will get you looking at this tiger.
The second most populous country in the world has been creeping up on China as the biggest powerhouse of the East. While trying to decipher if India could soon trump the great China, we discovered some interesting facts.
1) The median age in India is only 25.9 years.
America's median age is 36.8 years. Of India's massive population (1.1 billion people), 80% consider themselves Hindu, and 13% practice Islam.
2) There is a relatively low birth rate in India -- only 2.1%.
3) Twenty-eight million people have moved to the cities since 2005.
4) India has very few migrants.
5) 73% of men can read/write, while only 47% of women can (2001).
The relatively low literacy rates don't do justice to India's rich history in classical learning. For instance, an Indian named Aryabhata is believed to be the first to recognize the concept of zero, though he did not have a symbol for the digit. He also worked on an approximation for the irrational number Pi in 5th century BC. This concept was later proved in Europe by Lambert in 1761, almost 2,200 years later.
6) India, Pakistan and China can't agree on maps.
Each country claims to have overlapping jurisdiction over the war-torn Kashmir region. Most unbiased world maps divide the controversial territory of Kashmir into Pakistan Occupied Kashmir, India Occupied Kashmir and China-controlled Shaksam Valley.
The Kashmir region of India is the site of the world's largest and most militarized territorial dispute. India refuses to recognize lands ceded to China by Pakistan in 1964 and insists most inhabitants are Hindu Indians. Pakistan protests against India's militarization of a vital dam in the region and insists most inhabitants are Muslims. Many in Kashmir call themselves Buddhist. Though there has been a long cease-fire, tensions have not relaxed.
7) In 2009, India surpassed China in car exports.
8) Nalanda University is one of the oldest institutions in the world.
Nalanda University was founded in 427 and, though now in ruins, it once housed over 10,000 students and 2,000 teachers. The university was sacked in the 1100s and its demise is often romanticized as the downfall of ancient Indian scientific thought. According to legend, the library was so vast that it burned for three months after the Moguls set fire to it.