Gig economy India’s 3rd pillar, delivery partners got ₹5,000 cr last yr: Swiggy’s Rohit
The gig economy has revolutionized the way people work and earn a living. In India, this sector has grown exponentially over the past few years, providing millions of people with flexible and lucrative job opportunities. According to Rohit Kapoor, the food marketplace chief of Swiggy, the gig economy has become a “third pillar of livelihood” in India. This statement comes as a testament to the significant impact that the gig economy has had on the country’s workforce.
In a recent interview with Moneycontrol, Kapoor revealed that Swiggy’s delivery partners earned a staggering ₹5,000 crore last year. This amount is a substantial indication of the income that is being generated by the gig economy, particularly in the food delivery sector. “Last year, we would have paid out more than ₹5,000 crore, so there is a substantial amount of income flowing back into delivery partners’ hands,” Kapoor added. This statement highlights the significant contribution that the gig economy is making to the livelihoods of millions of Indians.
The gig economy has been under scrutiny in recent times, with many questioning the earnings of delivery partners. However, Kapoor’s remarks suggest that the sector is providing a substantial income to those involved. The fact that delivery partners earned ₹5,000 crore last year is a clear indication that the gig economy is a viable and lucrative career option for many Indians.
The growth of the gig economy in India can be attributed to the increasing demand for flexible and convenient services. With the rise of e-commerce and food delivery platforms, there has been a significant increase in the demand for delivery partners. This has created a vast number of job opportunities for people who are looking for flexible and lucrative work options.
Swiggy, in particular, has been at the forefront of the gig economy in India. The company has been instrumental in providing job opportunities to thousands of delivery partners across the country. With its extensive network of restaurants and customers, Swiggy has been able to provide a platform for delivery partners to earn a substantial income.
The fact that the gig economy has become a “third pillar of livelihood” in India is a significant indication of its impact on the country’s workforce. The first two pillars of livelihood are traditionally considered to be the formal and informal sectors. However, the gig economy has emerged as a third pillar, providing a viable and lucrative career option for millions of Indians.
The growth of the gig economy in India is also expected to continue in the coming years. With the increasing demand for flexible and convenient services, the demand for delivery partners is expected to rise. This will create a vast number of job opportunities for people who are looking for flexible and lucrative work options.
In conclusion, the gig economy has become a significant sector in India, providing millions of people with flexible and lucrative job opportunities. The fact that delivery partners earned ₹5,000 crore last year is a clear indication of the income that is being generated by the sector. As the demand for flexible and convenient services continues to rise, the gig economy is expected to continue growing, providing a viable and lucrative career option for millions of Indians.
The statement by Rohit Kapoor, the food marketplace chief of Swiggy, highlights the significant impact that the gig economy has had on the country’s workforce. The fact that the sector has become a “third pillar of livelihood” in India is a testament to its growth and potential.
As the gig economy continues to grow, it is expected to have a significant impact on the country’s economy. The sector is expected to create a vast number of job opportunities, providing a lucrative career option for millions of Indians. With the increasing demand for flexible and convenient services, the gig economy is expected to continue growing, providing a substantial income to those involved.
In the coming years, the gig economy is expected to play a significant role in shaping the country’s workforce. With its flexible and lucrative job opportunities, the sector is expected to attract millions of Indians who are looking for a viable and lucrative career option. As the sector continues to grow, it is expected to have a significant impact on the country’s economy, providing a substantial income to those involved.
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