Business
How Senior Living Homes Are Addressing A Silent Health Risk In India And Helping The Ageing Population
With India’s elderly population projected to reach nearly 35 crore by 2050, retirement is no longer about slowing down. Increasingly, people in their late fifties and sixties are seeking communities where they can stay active, socialize, and enjoy a secure, independent lifestyle. Families, too, are encouraging parents to consider senior living homes that offer support, companionship, and a sense of purpose. The pandemic underscored the risks of isolation, highlighting the need for safe housing, reliable medical care, and built-in social networks.
Recent industry studies, including the latest JLL-ASLI senior living report, show that demand for organised retirement communities is rising sharply across India. The report also notes that India has 22,157 organised senior living units against a potential demand of 1.7 million senior households, underscoring how early the market still is. The country is witnessing the early formation of a silver economy, a new growth frontier driven by rising longevity, changing family structures, and a growing appetite for independent, age-ready living.
Over the past decade, falls have emerged as a serious health risk for senior citizens.According to the US Centers for Disease Control and Prevention (CDC), one in four people aged 65 and above experiences a fall each year. In 2018 alone, nearly 36 million falls were reported among older adults, resulting in about 8.4 million fall-related injuries and more than 32,000 deaths. The severity of these injuries depends largely on how the fall occurs, ranging from hip fractures to traumatic brain injuries. Dr Julius Cheng, Associate Professor in the Department of Surgery at URMC, has cautioned that seemingly minor incidents such as slipping on a wet floor should not be underestimated, as even low-level falls can have serious consequences for elderly patients. Another CDC study found that nearly half of all fall-related deaths among those aged 65 and above involved head injuries, while even less severe injuries often lead to complex treatment and prolonged recovery for seniors.
Senior living homes focus on ease and safety. Flats feature non-slip flooring, wider spaces, grab rails, and pathways designed for safe movement. Medical support is always accessible, with doctors on call and regular wellness checks incorporated into daily routines. But the real draw is the social life. Yoga sessions, music groups, afternoon games, reading clubs, and hobby rooms and travel opportunities. Friendships form naturally, and there’s a sense of belonging.
Residents report that senior living communities give them a renewed sense of routine. Shared meals, morning walks, hobby clubs, and small celebrations prevent days from feeling repetitive while providing the social fabric they may have missed at home.
“After retirement, the biggest fear for many of us is loneliness and losing our sense of routine. Moving into a senior living community changed that completely. I have my morning walks, yoga sessions, friends to share meals with, and medical help close by if I ever need it. It feels like living independently—but with the comfort of knowing you’re never alone,” said M. Laxmi, a retired government officer living in a senior housing near Bengaluru.
Buyers of these projects are typically over the age of 55. Many live alone or have children in other cities or abroad. They are looking for communities where medical support and emergency assistance are readily available. The rapidly growing senior population and nuclear family system in India have further increased the demand for these homes.
Ankur Gupta, Co-founder (Association of Senior Living India) & JMD of Ashiana Housing, said that retirement in India is no longer about stepping back. He says seniors want structure, purpose and a vibrant social setting. “They want to stay engaged, stay fit and stay connected. Senior living communities provide mix of privacy and dependable support, which makes them appealing,” he said.
Anantharam V. Varayur, co-founder of Manasum Senior Living said, “Seniors require more care. In such societies, the health and safety of the elderly is a top priority.”Developers and investors are increasingly viewing the segment as both socially responsible and economically resilient.The rise of senior living in India is, at its core, a story of empowerment of creating environments that allow people to age with dignity, purpose, and belonging.Nearly one in four elderly Indians now live either alone or only with their spouse, reflecting a shift from dependence to choice. This generation of seniors is financially aware, socially active, and seeks spaces that encourage connection, not confinement.We have curated the senior living projects across Bengaluru, Goa &Tirupati.
The demand for organised senior communities has grown sharply in the last few years. This is not just a real estate product. This is social infrastructure. Developers believe that seniors are increasingly vocal about what they want in later life – dignity, independence, and companionship. With more families embracing the concept of community-based living for elders, poised to redefine retirement living in India.
“In 2026, the senior living industry is expected to consolidate further, with rising demand and greater acceptance shaping a more structured and service-oriented market. Assisted living, in particular, will emerge as a high-growth segment as more organised players explore opportunities in care-led residential models. We anticipate stronger competition as well as better quality standards across the board. We see 2026 as a year where service-based real estate, especially in the elder care segment, strengthens its position as a vital part of India’s real estate landscape,” said Shreya Anand, Director, Vedaanta Senior Living.
According to experts, one of the biggest challenges facing the senior living sector in India is the deeply rooted social myth around it. Senior living is often perceived as a last resort or, worse, as a sign of neglect by families, rather than a conscious lifestyle choice made by seniors themselves. Many families still worry about social judgement, believing that a parent moving into a senior living community may be viewed negatively by society. Changing this mindset takes time, storytelling, and visible examples of thriving, independent senior communities, feel the experts.
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Yotta Data Services to spend $2 billion to deploy Nvidia’s latest Blackwell chips in India, building one of Asia’s largest AI superclusters
Yotta Infrastructure’s Greater Noida data centre park (Photo Credit: Yotta’s website)
India’s data centre sector is entering a new era of scale. Yotta Data Services said Wednesday, February 18, that it will deploy Nvidia’s most-advanced artificial intelligence chips in a $2-billion project that will establish one of the largest AI computing hubs in Asia, positioning the country as a serious contender in the global race for AI infrastructure.
The investment centres on the first-ever deployment of Nvidia’s Blackwell B300 graphics processing units in India, to be housed at Yotta’s hyperscale campus in Noida, just outside New Delhi. The supercluster is expected to go live by August.
Anchoring the project is a four-year agreement with Nvidia valued at roughly $1 billion, under which the chipmaker will establish one of Asia-Pacific’s largest DGX Cloud clusters within Yotta’s infrastructure. Sunil Gupta, managing director and chief executive of Yotta, told The Economic Times that Nvidia will deploy approximately 10,300 GPUs through the arrangement to serve its global Asia-Pacific customers and run its own models and services. “Nvidia is creating one of Asia’s largest DGX Cloud clusters on our supercluster,” Gupta said.
The deal underscores a broader shift in how hyperscalers and chipmakers are approaching India. Global cloud providers, including Microsoft and Amazon, have been expanding AI data centre capacity in the country, drawn by surging demand for generative AI services and government pressure to localise advanced computing infrastructure, according to Reuters. Nvidia’s direct commitment within Yotta’s facility goes a step further, signalling confidence in India as a viable hub for serving enterprise AI workloads across the region.
A significant share of remaining capacity will be dedicated to India’s national AI Mission, which has received more than 500 applications from start-ups seeking affordable compute access. Gupta told The Economic Times that the expansion will increase the country’s compute capacity “by almost five to six times”, addressing what he described as enormous pressure on existing resources. The infrastructure will support state-backed Indian language model initiatives, including Bhashini, Sarvam, BharatGen and Soket, all aimed at building foundational AI models trained on Indian-language datasets.
Yotta currently holds around 10,000 advanced Nvidia GPUs, accounting for nearly 75% of India’s GPU compute capacity. With the new deployment, its total GPU count will rise from roughly 40,000 to more than 75,000 over the next two years.
The capital push is being funded through a combination of debt and equity. Speaking to CNBC-TV18, Gupta said the company is targeting a fundraise of close to $1 billion to support its current phase of GPU deployment. Yotta has already invested over $1.5 billion in infrastructure and expects to commit an additional $2 billion toward advanced chips. A pre-IPO equity round is underway, with the company aiming to enter public markets within the current financial year.
Yotta is part of Indian billionaire Niranjan Hiranandani’s real estate conglomerate and operates data centre campuses in Mumbai, Gujarat and near New Delhi. Additional capacity from its Mumbai facility will supplement the Noida supercluster.
The timing of the investment is notable. US export controls have reshaped global supply chains for advanced AI semiconductors, pushing technology firms to deepen partnerships in markets that remain accessible. India, which has cultivated strong ties with Washington and positioned itself as a neutral beneficiary of great-power competition in technology, has emerged as one of the cleaner plays for companies looking to expand AI compute outside China.
Speaking to CNBC-TV18, Gupta said that India’s AI ambitions are grounded in practical outcomes, with the goal of delivering impact across agriculture, healthcare, education and climate. He drew a comparison to the Unified Payments Interface, suggesting AI-led transformation could similarly reshape how services are delivered at scale across the country.
For Nvidia, the DGX Cloud anchor at Yotta is the latest in a string of sovereign and commercial AI infrastructure deals across Asia, as the company works to deepen its footprint ahead of any potential tightening of chip export restrictions.
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Stock market today: Nifty50 opens near 25,700; BSE Sensex flat in trade – The Times of India
Stock market today: Indian equity benchmarks opened flat in trade on Wednesday. While the 50-share index Nifty was near 25,700, the 30-share BSE Sensex was down marginally. At 9:16 AM, Nifty50 was trading at 25,716.35, down 9 points or 0.035%. BSE Sensex was at 83,438.94, down 12 points or 0.014%.Experts believe that the stock market is likely to remain steady with a positive undertone in the near term, supported by global trends.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “The better-than-expected Q3 results and indications of continuing momentum in earnings growth, going forward, are positive factors that will keep the market resilient. The volatility in IT stocks may continue, in response to incoming news relating to the sector. Overall, IT stocks may remain weak since uncertainty surrounding the sector is huge and large institutional investors are unlikely to invest big time in IT stocks, unless valuations become compelling. There can be churns away from IT towards other sectors like banking and financials, automobiles, telecom, pharmaceuticals etc where there is good earnings visibility.”“This is the time to gradually increase exposure to equity. But many retail investors are increasing investments in gold and silver ETFs, which is a risky game in the present context. Early signs of a shift in the investment strategy of FIIs are visible now. In the cash market, FIIs have been buyers in eight out of the last thirteen trading days. This trend and improving prospects for corporate earnings bode well for the market.“US equities ended marginally higher after a weak start to the session, helped by a rebound in technology stocks and support from financial shares. The recovery followed earlier volatility as investors assessed the outlook for artificial intelligence after recent turbulence that had pulled major indices away from record levels.Asian markets also posted modest gains in thin holiday trading. Investor sentiment remained cautious as markets continued to digest recent swings in global equities linked to concerns around AI-driven disruptions.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
Under new policy govt targets $400m refurbished phone re-exports, Rs56b tech fund
ISLAMABAD:
Amid a target of $400 million in refurbished mobile phone re-exports, the government is likely to impose a federal excise duty to address competitive constraints arising from the PakistanChina Free Trade Agreement under a proposed Mobile and Electronics Manufacturing Framework.
The government also plans to set up a Rs56 billion technology investment fund to boost local manufacturing of mobile phones and other electronic devices.
The Engineering Development Board (EDB) has finalised the Mobile and Electronics Manufacturing Framework, under which refurbished mobile re-exports are projected to generate $400 million annually. The Ministry of Industries and Production is now set to submit the framework to Prime Minister Shehbaz Sharif for approval.
Sources told The Express Tribune that the government plans to impose a 20% federal excise duty on the completely built unit (CBU) structure of new mobile phones. At present, there is zero federal excise duty on such imports. Under the proposed policy, the government also plans to impose a 10% customs duty on the CBU structure of notebooks, desktops and tablets. Customs duty of up to 10% will also be imposed on the completely knocked down (CKD) structure. Initially, a 5% duty will be levied, which will be increased to 10% at a later stage.
As part of the re-export of refurbished phones and laptops, the government plans to establish a dedicated refurbishment-for-re-export regime within export processing zones. Gated space of around one acre may be reserved to set up refurbishment facilities by investors. For mobile phones, 30 to 40 million units can be refurbished and exported annually, earning export revenue of $300 million to $400 million.
Under the first option, imports will be allowed under a temporary import for processing and re-export regime without foreign exchange remittance at the import stage. This will be supported by a service agreement and secured through a bank guarantee. Goods will remain in a bonded facility under customs supervision, with mandatory IMEI declaration and blocking, along with time-bound re-export to prevent diversion to the domestic market.
Under the second option, imports may be allowed on a regular commercial basis with full foreign exchange remittance through letters of credit or contracts, followed by refurbishment and re-export to global markets. Such imports will operate under a bonded or export facilitation scheme regime with strict inventory reconciliation, IMEI controls and export realisation requirements to ensure compliance and prevent leakage into the local market.
A high-level meeting of the Engineering Development Board was chaired by Special Assistant to the Prime Minister Haroon Akhtar Khan to review and finalise the Mobile and Electronic Devices Manufacturing Policy 2026-33.
Federal Secretary for Industries and Production Saif Anjum, Chief Executive Officer EDB Hammad Mansoor and other senior officials attended the meeting. Detailed deliberations were held on the policy framework prepared by the EDB, which is now ready to be presented to the prime minister for approval.
Speaking on the occasion, Akhtar Khan said that, in line with the prime minister’s vision, Pakistan would formally commence large-scale local manufacturing of mobile phones and electronic devices. He termed the Mobile and Electronics Policy 2026-33 a milestone initiative for the industrial sector, saying it would significantly enhance exports and strengthen the manufacturing base.
He further said that leading global companies, including Apple and Samsung, would be invited to establish manufacturing plants in Pakistan. The policy is expected to promote employment generation, technology transfer and foreign investment.
Highlighting the strategic objective of the framework, he said Pakistan aims to emerge as a regional hub for mobile and electronics manufacturing.
CEO EDB Hammad Mansoor told the meeting that re-exports of refurbished mobile phones are projected to generate annual revenues of $300 million to $400 million. The policy also recommends establishing a dedicated Mobile and Electronics Devices Cell within the EDB to ensure effective implementation and coordination.
The finalised framework reflects the government’s commitment to industrial modernisation, export-led growth and positioning Pakistan as a competitive player in the global electronics value chain.
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