Rajagopal G Appointed ASLI Chairman for 2026-28 Amid Growth in India's Senior Living Sector
ASLI names Lifebridge’s Rajagopal G Chairman for 2026–28 amid sector growth
The Economic TimesImage: The Economic Times
Rajagopal G has been appointed as the Chairman of the Association of Senior Living India (ASLI) for the 2026-2028 term, succeeding Rajit Mehta. His leadership comes as India's senior living sector faces a significant demand-supply gap, with the senior population projected to reach nearly 346 million by 2050.
- 01Rajagopal G appointed as ASLI Chairman for 2026-2028.
- 02India's senior population projected to rise to nearly 346 million by 2050.
- 03Only about 20,000 to 22,000 organized senior living units exist, with a demand for 1.57 million households.
- 04South India holds nearly 60% of the existing senior living inventory.
- 05Post-pandemic, annual launches of senior living projects have nearly doubled.
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The Association of Senior Living India (ASLI) has appointed Rajagopal G, Co-founder and Group CEO of Lifebridge Group, as its Chairman for the 2026-2028 term. He succeeds Rajit Mehta and brings over 30 years of experience in senior living and care. Rajagopal aims to collaborate with government and industry stakeholders to standardize care and promote inclusive insurance models, ensuring dignity and innovation for seniors in India. This appointment coincides with a growing focus on specialized geriatric services, driven by a rapidly expanding elderly population. Experts predict that India's senior population will increase from 156.7 million in 2024 to nearly 346 million by 2050, with the share of those aged 60 and above reaching around 21%. Despite this, the organized senior living stock remains low at about 20,000 to 22,000 units, highlighting a significant demand-supply gap. South India, particularly cities like Chennai, Coimbatore, and Bengaluru, accounts for nearly 60% of the existing inventory, supported by better healthcare infrastructure and acceptance of community-based retirement housing. The post-pandemic period has seen a nearly doubling in annual project launches, reflecting developer confidence in this growing sector.
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The growth in the senior living sector will potentially provide more housing options and services for the elderly population, addressing their needs as the demographic expands.
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