India's Care Economy to Create 60 Million Jobs, Add $300B by 2030

A new report projects India's care economy will expand by $300 billion and generate over 60 million jobs by 2030. The sector, currently employing 36 million mostly informal workers, spans childcare, eldercare, disability support, and wellness. Experts emphasize that formalisation, fair wages, and social security are critical to recognising this essential work and unlocking its economic potential. The labour-intensive and automation-resistant nature of care services offers widespread employment opportunities across urban and rural India.

Key Points: India's Care Economy to Generate 60M Jobs by 2030

  • $300B growth by 2030
  • Over 60 million new jobs
  • 36 million currently employed
  • Formalisation & skilling key
2 min read

India's care economy to generate over 60 million jobs by 2030: Report

Report forecasts India's care sector will grow $300B and create over 60 million jobs by 2030 through formalisation and skilling.

"Care is now essential economic infrastructure, yet largely invisible in policy. - Nilaya Varma"

New Delhi, Jan 5

India's care economy is expected to grow $300 billion and generate over 60 million jobs by 2030, with targeted investments in skilling, certification, formalisation, and demand creation, according to a report on Monday.

The report by Primus Partners positions care services, currently employing around 36 million workers, as one of India's most under-recognised yet high-potential economic sectors.

It argues that rising demand for childcare, eldercare, disability support, rehabilitation, mental health, wellness, and long-term care is already reshaping India's labour market, yet the sector remains largely outside formal economic planning.

"Women form the backbone of India's care economy, yet much of this work remains informal and unprotected. Formalisation, fair wages and access to social security are essential to recognising care work and building a more equitable care system," said Dr Meenakshi Hembram, Additional Director (HQ) and Head of Office, DGHS, Government of NCT of Delhi.

Unlike capital-intensive industries, care services are labour-intensive, locally delivered, and resilient to automation, offering large-scale employment opportunities across Tier 1, Tier 2, and Tier 3 cities, as well as peri-urban and rural regions, said the report based on 13 paid care personas.

"Care is now essential economic infrastructure, yet largely invisible in policy. By mapping 13 care personas, this report shows how formalisation can turn care into a major engine of jobs and growth," said Nilaya Varma, Group CEO, Primus Partners.

The care personas were mapped across a skill and formality quadrant, spanning entry-level roles such as domestic help, elder sitters, and beauty assistants; semi-skilled roles including childcare assistants, rehabilitation aides, senior living staff, and special needs caregivers; and skilled roles such as certified nursing assistants, counsellors, and palliative care workers.

This framework highlights how much of India's care workforce remains trapped in low-wage informality despite performing skilled, economically essential work, and demonstrates how structured skilling and certification pathways can enable progression, income stability, and the dignity of work.

"The care economy is no longer a peripheral social issue; it is emerging as a significant source of employment and economic value. Formalising and upskilling caregivers can unlock productivity gains, improve service quality, and create a sustainable growth pathway for the economy," said Prof. V. K. Malhotra, Chairman, Food Commission of Madhya Pradesh and former Member Secretary, Indian Council of Social Science Research.

- IANS

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Reader Comments

R
Rohit P
Fantastic potential! 60 million jobs is a massive number. The focus on Tier 2/3 cities is key for balanced regional development. But the government needs to move fast with policy - skilling programs, certification standards, and maybe even tax benefits for formal care providers to kickstart this.
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David E
Interesting read. The "care personas" framework is smart. Moving a domestic help to a certified nursing assistant through training is exactly the kind of career ladder India needs. Hope the execution matches the vision. The challenge will be ensuring fair wages across that ladder.
A
Anjali F
While the report is optimistic, I have a respectful criticism. We've heard about "formalising" informal sectors for decades. What concrete steps are different this time? Without strict enforcement of minimum wages and working conditions, this will just be another report collecting dust. Action is needed.
K
Karthik V
This is the future. With nuclear families rising in cities, professional childcare and eldercare are essential services, not luxuries. The $300 billion figure shows the economic heft. Entrepreneurs should look at this space - there's a huge demand-supply gap waiting to be filled.
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Sarah B
The point about it being resilient to automation is so important. In an AI-driven world, human-centric care jobs provide stable employment. Upskilling caregivers in mental health and rehabilitation could create a world-class workforce. Hope the training infrastructure is built at scale.

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