Food delivery sees 27% rise in employment growth rate, but experts flag a hidden malaise
India’s food delivery sector directly employed 1.37 million workers in 2023-24, up from 1.08 million in 2021-22, expanding at a compound annual growth rate (CAGR) of 12.3%, according to a recent study by the National Council of Applied Economic Research (NCAER), and investment group Prosus. It thus comfortably outpaced India’s overall employment growth rate of 7.9% over the same period.
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