India to become third-largest employer of flexi-staff by 2018

While hiring has been constrained across sectors, the industry has annual growth rate of 12-15%

Come 2018, India will become the third-largest employer of flexi-staff, after the US and China. From 2.2 million people engaged as flexi-staff in India, the industry is expected to grow to 2.9 million by 2018, following US (14.4 million) and China (8.1 million), according to the Indian Staffing Federation (ISF). 

At a time when hiring has been constrained across sectors coupled with lay-offs, the flexi-staffing industry is buzzing with an annual growth rate of 12-15%, with some of the leading players, such as TeamLease and Innovsource, pegging an over 20% growth.  

In flexi-staffing, a short-term contractual worker enters an