India’s gig economy could add 90 million jobs over time: Report ...Middle East

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India’s gig economy could add 90 million jobs over time: Report
New Delhi:  India’s gig economy could add 90 million jobs, enabled by large multinationals, and add 1.25 per cent to the country’s GDP over time, according to a report on Thursday. Gig economy supports sectors such as e-commerce, transportation and delivery services, among others, and the market is expected to grow at a compound annual growth rate (CAGR) of 17 per cent to reach a gross volume of $455 billion by 2024, according to the report by The Forum for Progressive Gig Workers. Gig economy has created millions of non-farm jobs, with e-commerce alone generating over 16 million roles. “The report presents an initial effort to analyse the evolving dynamics between large companies and gig w

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