GIGS GET BIG
Beyond Market|October, 2023
The festive season this year is expected to generate 7,00,000 gig jobs in the e-commerce industry
GIGS GET BIG

The e-commerce industry is expected to create 7,00,000 gig jobs during this year’s festive season, reflecting a 25% increase in gig employment compared to last year. E-commerce companies have made major preparations to meet consumer demand during the annual shopping frenzy, according to a report by the human resources firm TeamLease.

The report projects that this surge in shopping activity will generate nearly 7,00,000 gig jobs between July and December. Additionally, the sector currently has approximately 2,00,000 open positions for temporary workers. These opportunities are mainly concentrated in the last-mile delivery space and warehouse operations.

Alok Kumar, Senior Director of Global Accounts and Sales at Manpower, a subsidiary of Manpower Group, noted that the growth in hiring demand is more prominent in non-metro cities compared to metros. Retailers are expanding into mid-level cities, creating more opportunities in these regions.

Furthermore, the demand for gig workers during the festive season is not limited to Tier 1 cities like Bengaluru, Delhi, Mumbai, Hyderabad, and Chennai. Tier 2 and 3 cities, such as Vadodara, Pune, and Coimbatore, are also expected to experience a surge in demand for gig workers.

Industry experts anticipate an increase in hiring numbers, with e-commerce expected to see a 12% to 15% increase in jobs, while offline retail may see a 7% to 10% rise, which is significant given its huge offline retail base. Jobs in supply chain management, digital marketing, customer service, and partner-seller network services are also on the rise to address sellers’ concerns.

هذه القصة مأخوذة من طبعة October, 2023 من Beyond Market.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October, 2023 من Beyond Market.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

المزيد من القصص من BEYOND MARKET مشاهدة الكل
IMPORTANT JARGON
Beyond Market

IMPORTANT JARGON

TRANSITIONING SFBs TO UBs: RBI’s NEW GUIDELINES - The Reserve Bank of India recently issued new guidelines outlining the transition process for Small Finance Banks (SFBs) to become Universal Banks (UBs).

time-read
4 mins  |
May, 2024
NAVIGATING INDIA'S MARKET WITH HOWARD MARKS
Beyond Market

NAVIGATING INDIA'S MARKET WITH HOWARD MARKS

Howard Marks' focus on cycles and capital preservation translates to a defensive strategy for India's frothy market: prioritize cash, target undervalued sectors, and diversify

time-read
5 mins  |
May, 2024
FINDING A BETTER FIT
Beyond Market

FINDING A BETTER FIT

Switch health insurers at renewal to keep benefits such as waiting period and bonus, but weigh drawbacks

time-read
6 mins  |
May, 2024
SILVER SQUEEZE
Beyond Market

SILVER SQUEEZE

Green tech boom strains supply, propelling silver as a sustainable investment

time-read
6 mins  |
May, 2024
A PODCASTING FUTURE
Beyond Market

A PODCASTING FUTURE

India's podcast scene explodes with formats and listeners, primed for digital growth, with high-quality content reigning supreme

time-read
6 mins  |
May, 2024
BOUNCING BACK WITH DOMESTIC FOCUS
Beyond Market

BOUNCING BACK WITH DOMESTIC FOCUS

Despite challenges, India's tyre industry remains optimistic about doubling revenue by 2032

time-read
4 mins  |
May, 2024
HIGHWAY HICCUPS?
Beyond Market

HIGHWAY HICCUPS?

Slowdown in awarding highway projects, driven by industry factors and project complexities, pushes NHAI towards debt reduction and private partnerships for sustainable development

time-read
4 mins  |
May, 2024
CONTENT CONQUEST
Beyond Market

CONTENT CONQUEST

JIOCINEMA'S ULTRA-LOW PLAN SHAKES INDIA'S STREAMING SCENE, AIMING FOR AD REVENUE AND LEVERAGING STRENGTHS TO BECOME A BIG PLAYER

time-read
4 mins  |
May, 2024
CAUGHT BETWEEN CAUTION AND GROWTH
Beyond Market

CAUGHT BETWEEN CAUTION AND GROWTH

RBI's draft on project financing seems to be a pre-emptive measure to prevent large defaults on infrastructure loans. However, in their current form, the requirements look onerous for banks

time-read
4 mins  |
May, 2024
HOT OR HYPE?
Beyond Market

HOT OR HYPE?

India's 2024 IPO market sizzles with investor cash, but will it be a blockbuster or a box office flop? Valuation worries linger

time-read
4 mins  |
May, 2024