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The Hindu·3 min read·medium

India’s gig internet workforce may reach 17-21 million by 2030, says Bengaluru firm Redseer

T
The Hindu Bureau
India’s gig internet workforce may reach 17-21 million by 2030, says Bengaluru firm Redseer
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A report by Redseer predicts that India's gig economy workforce will grow to 17-21 million by 2030. The study highlights that digital platforms are increasingly serving as primary income sources and entry points for first-time workers.

Why it matters

The expansion of the gig economy is reshaping India's labor market, offering flexible work opportunities while raising questions about long-term job security.

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India’s monthly active gig internet workforce is expected to expand from over six million today to 17-21 million by 2030.

Across delivery, ride-hailing and home services, full-time gig workers earn, on an average, up to 2.5 times the monthly net income of workers in comparable formal and informal occupations, according to Redseer Strategy Consultants, a Bengaluru-based research firm.

In their latest report, Gig Internet Workforce in India: Bridge to around 20 Million Livelihoods, the firm said that platform-enabled gig work is set to emerge as a key driver of livelihood creation and a significant component of India’s non-farm workforce over the next decade.

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