The 6th edition of the ASLI Ageing Fest was held earlier this week at The LaLit, Mumbai, spotlighting India’s rapidly expanding senior care sector and its urgent need for reforms, investments, and innovation. With the theme “347 Million Reasons to Rethink Capital Allocation”, the event brought together industry leaders, policymakers, and investors to deliberate on shaping a sustainable ecosystem for India’s ageing population.
Rajit Mehta, Chairman of ASLI and MD & CEO of Antara Senior Care, stressed the scale of the challenge with 19,500 Indians turning 60 every day. “We need relevant infrastructure, holistic care solutions, redefined financial products, and a larger pool of caregivers,” he said.
The inaugural panel, “Fuelling the Future: Investments and Impact”, chaired by Dr. Rana Mehta, Partner & Leader Healthcare, PwC India, underlined the importance of long-term capital, collaboration, and innovation in making senior care mainstream. Panellists from Premji Invest, Eight Roads Ventures, Novo Holdings, and Singularity AMC highlighted business models, insurance reforms, fiscal incentives, and affordability as key enablers.
Global insights from Australia and Japan further stressed the role of public funding, regulation, and culturally relevant models in shaping senior care frameworks.
According to a joint ASLI–JLL report released at the Fest, India’s senior living industry is set to grow from $2 billion to $8 billion by 2030, driven by an increase in the elderly population from 163 million in 2025 to 191.5 million in 2030.
The discussions reinforced that India’s senior care sector is moving from margins to the mainstream, positioning itself as the next big investment frontier.