Archive · 2 Nov 2025
Saurabh Mukherjea Warns of End to Salaried Jobs, Rise of Gig Economy in India
Imagine a world where most grown-ups don't have a regular job with a fixed monthly paycheck from a big company anymore.
That's what a smart person named Saurabh Mukherjea thinks will happen in India.
Big companies are getting so good at using computers and robots to do work that they don't need to hire many new people, even if they make more money.
At the same time, lots and lots of young people are finishing school every year, looking for jobs.
This means there won't be enough traditional jobs for everyone.
So, instead of working for one company, more people will do lots of small jobs for different people or companies, like driving, writing, or giving advice, and they'll be their own boss.
This is called the gig economy.
It might be a little scary, but India has young people and good technology like smartphones and digital payments that can help everyone work in this new way.
Saurabh Mukherjea predicts the end of steady salaried employment for India's middle class.
Automation and corporate efficiency enable companies to grow without increasing headcount.
Eight million graduates annually face a mismatch between aspirations and limited formal job opportunities.
The future of work is expected to be dominated by a fragmented gig economy.
Digital tools like Aadhaar and UPI are seen as crucial for connecting decentralized gig workers.
- Who
- Saurabh Mukherjea, founder and chief investment officer of Marcellus Investment Managers
- What
- Warns that the era of steady salaried employment in India is over due to automation and corporate efficiency, predicting a shift towards a fragmented gig economy.
- When
- Now, with the trend visible and expected to intensify in the coming years.
- Where
- India
- Why
- Automation and corporate efficiency allow large companies to grow without hiring more staff, while millions of new graduates enter the job market, creating a mismatch with limited formal employment opportunities.
- Expert Name
- Saurabh Mukherjea
- Organization
- Marcellus Investment Managers
- Key Trend
- Decline of traditional white-collar employment
- Predicted Future
- Rise of the gig economy
- Contributing Factors
- Automation and corporate efficiency
- New Entrants to Workforce
- 8 million graduates annually