India gig workforce growth projection
Analysis based on 14 articles · First reported Jul 16, 2026 · Last updated Jul 16, 2026
The report signals strong growth in India's gig economy, potentially boosting investor confidence in platform-based service companies. However, the impact is moderate as it is a forecast rather than a current event.
Redseer Consulting released a report projecting India's gig internet workforce will grow from over 6 million monthly active workers to 17-21 million by 2030, at a CAGR of 24-29%. The report highlights that over 30% of projected workers will be first-time workforce entrants, and 54% of surveyed workers had no prior paid work. Gig platforms are expanding beyond metros, offering flexible earning opportunities. Full-time gig workers earn up to 2.5 times more than comparable formal/informal jobs. The sector could meet nearly 70% of India's annual non-farm job creation needs.
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