Can you believe this? In India, more than 15 million professionals work as freelancers, which comprise 15% of the total population. These are the professionals who are not in any white collar jobs but are earning quite a lot but in a much more comfortable manner. According to a latest PayPal study, freelancers in today’s time can earn up to an average of₹20 lakh per annum. PayPal study has revealed that there has been a great demand for freelance jobs, and freelancers in our country are witnessing significant growth in income in recent time.
The freelancing job market in India
In India, the concept of gig economy and freelancing jobs is slowly pacing up. Most young and senior professionals are accepting work-from-home or flexible work options for a better work-life balance. Especially for the women community, this trend is a positive sign when more and more women get themselves occupied in part-time jobs. Studies have shown that the size of the Indian “freelancers” market is significantly growing, and soon it will be a 20-30 billion dollar market by 2025.
The key focus areas in freelancing Jobs as of today include web designing, internet research, content writing, SEO marketing, web and mobile development, data entry, education, accounting, and graphic design. Male professionals are opting more of these kinds of jobs which can be done conveniently from home. According to a survey, most freelancers in our country are below 40 years of age, and it is the menfolk who is dominating the freelancing market in India. Most of these freelance jobs come from the US, the UK, and Australia. In fact, India is globally known as an important hub for outsourcing jobs. One-in-four freelancers in the global world are from our country.
What are the reasons for the growth of freelancers in India?
More professionals are joining in this flexible work models. The reasons are many:
• People are willing to take risks. Gone are those days when professionals wanted a secured job with a lucrative income. Today’s young professionals are ready to experiment and take risks.
• The number of Internet Users is growing in the country in each passing year. In 2010, the world had only 92 million internet users, and today the number has grown to almost 500 million. Among all the countries, India has shown the best growth rate. The digital economy is growing. This has opened up a plethora of online freelance jobs.
• India has also seen a Start-up wave in recent time. Here, there is a requirement for more employees who are willing to work in part-time jobs, rather than in full-time jobs. The idea is to reduce costs at the initial stage of starting.
• And last but not least, most professionals are giving importance to a healthy and fruitful life through a proper work-life balance. Working from home or working in flexible timings is one of the best ways to achieve this.
More men than women professionals
Freelancing or part-time jobs are perfect for women professionals. Yet, the number of women freelancers is comparatively lesser than men. Among the 15 million freelancers of our country, 78% are men. Most women professionals give up their prospective careers midway due to motherhood and various family obligations. So, at present, India still is facing that gender-gap at the workforce. It’s time that more and more women professionals who have left their jobs should come forward to join the flexible job market and do freelancing jobs.
To sum up
When we take into consideration the growing number of internet users, startups, and online websites and digitalization into consideration, we can definitely say that freelance jobs in India are here to stay. The initial days may be difficult, but once you get into the flow and start getting regular projects, there is nothing to look back. Our country has come a long way to be one of the best known freelance countries in the world. With the right skill and qualification, you can expect to make a prospective career in freelancing jobs and part-time jobs.
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