Senior housing industry leaders from around the world will meet at Retirement Living World India 2011 from Dec. 7–9 to discuss the aging population’s housing needs, in an event supported by the Assisted Living Federation of America (ALFA).
Similar to the United States, India’s elderly population is growing rapidly. By 2020, the number of seniors in India is expected to double to 177 million, and continue to increase 240 million by 2050, says Retirement Living World.
However, these seniors can no longer be cared for by their families, in many instances, as children depart to urban areas or out of the country to pursue career opportunities, forcing the elderly to look to other sources for care, and driving the demand for retirement homes.
“There are tremendous opportunities for the American senior living sector to share knowledge and expertise in countries looking to build or reshape their existing long-term care and service models for seniors,” said a spokesperson for ALFA.
By 2030, 55 countries, including the United States, expect at least 20 percent of their total populations to be aged 65 or older, according to data from the United Nations.
In response to the aging international population, RLW is organizing an event in India that will bring together a panel of speakers, including Indian and international developers, operators, investors and other industry stakeholders, to address challenges and explore opportunities.
Participants will discuss business strategies, market trends, partnership models, investments and financing opportunities to facilitate growth and successes in India’s senior living industry.
Key speakers will include: Ankur Gupta, Joint Managing Director, Ashiana Housing; Mathew Cherian, CEO, Help Age India; Geoff Hipkins, CEO, Oceania Group; L. Bradford Perkins, President & Principal, Perkins Eastman; Sanjay Lakhotia, Director, Aamoksh One Eighty; Aturva Patel, Director, IDFC Private Equity; Roger Davies, CEO, MHA; Achal Sridharan, Managing Director, Covai Property; and Dr. Sheilu Sreenivasan, Founder & President, Dignity Lifestyle.
More information on the event can be found here.
Written by Alyssa Gerace