ASLI names Lifebridge’s Rajagopal G Chairman for 2026–28 amid sector growth
Rajagopal G has been appointed as the new head of the Association of Senior Living India for the period 2026-2028. With a wealth of experience in senior care, he aims to elevate standards across the sector and fight for more inclusive insurance po...
Rajagopal, Co-founder, Director and Group CEO of Lifebridge Group, brings over three decades of experience in the senior living and care segment. He has led the development of an integrated model spanning senior living communities, geriatric care and preventive health platforms, serving thousands of seniors across India.
“Our priority will be to collaborate with the government and industry stakeholders to standardise care, advocate for inclusive insurance models, and ensure that every senior in India has access to a life of dignity, innovation, and compassion,” Rajagopal said.
His appointment comes at a time when India’s senior living sector is witnessing increased focus on specialised geriatric services and policy support, driven by a rapidly expanding elderly population.
Founded in 2011, ASLI is a national industry body representing stakeholders across senior living, healthcare, hospitality, and allied services, and plays a key role in policy advocacy and standard-setting for the sector.
Expert says, India’s senior population is projected to rise from 156.7 million in 2024 to nearly 346 million by 2050, taking the 60+ share of the population to around 21 percent. By 2030 alone, the country will have over 191 million seniors. Yet organised senior living stock stands at just about 20,000 to 22,000 units nationwide, translating into a penetration of roughly 1.3 percent against a potential demand estimated at 1.57 million households today, expected to expand to 2.27 million by 2030. The demand-supply gap is structural.
Within this landscape, South India accounts for nearly 60 percent of existing senior living inventory. Chennai, Coimbatore and Bengaluru together form the core of this ecosystem, supported by higher old-age dependency ratios, stronger healthcare infrastructure and greater acceptance of community-based retirement housing. Post-pandemic, annual launches have almost doubled, underlining sustained developer confidence.
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