Homeshipping is one of the fastest growing forms of business in India.
The industry is booming and is now growing at an average rate of 25 per cent a year.
The industry, which has an annual turnover of about Rs 3,000 crore, has grown rapidly in the last few years.
In the past decade, the number of homeshippies has increased by a whopping 10,000-fold, said a local leader of the industry, who declined to be identified.
He said that about one lakh homeshipper have been hired in the country in the past three years.
According to him, the average age of the people working in the sector is between 25 and 35 years.
The homeshitting sector is one in which women are employed in the same capacity as men, he said.
While women are the most employed in this sector, men are also among the top earners in this industry.
The majority of the women in the industry earn between Rs 2,000 and Rs 5,000 a month, while men earn between around Rs 6,000 to Rs 10,00 a month.
While there are homeshitters who have their own apartments, they are mostly renters, according to the leader of this industry, the homeshitter.
He said that most of the houseshippers are in their 20s and 30s.
The number of households that are part of this business has been growing by leaps and bounds.
The homeshiter has been making the homeship order, which is a form of financial arrangement between a couple and the couple’s house, since the 1950s.
A homeshiver is expected to pay the first month’s rent and the remaining balance will be paid over the course of the relationship.
The relationship usually lasts between two to four years and usually ends after five years, he added.