India's quick commerce market to triple to Rs 2 lakh crore by FY28: Report
According to the report from the new Redseer strategy consultants, India's rapid commercial industry is expected to witness the exponential growth, and expect the size of the market with 28. Quick Commerce, which focuses on distributing daily essential things such as grocery articles as 10-30 minutes, expanding rapidly due to the Internet. Companies such as Blinkat, Zepto and Swizi Instamart lead the segment with aggressive delivery networks and local dark stores. The report stated that Metro City and Tier -1 City are the most important drivers for this development, and seek the convenience and speed of young workers. The rapid expansion of the industry also opens up important opportunities to improve employment and supply chain. As the disposable income increases, there is a frequency of small, fast orders, making rapid trade over the next three years an essential part of India's retail and e-commerce system.
The Key points
- Redseer's report is a major growth project for fast trade.
- The delivery time focus is 10-30 minutes for the necessary.
- The urban lifestyle changed the demand for fuel instant grocery.
- Startups dominated the sector at Zepto, Blinkit, Instamart.
- Metro and Tier -1 cities run orders with high volume.
- Growing internet access increases rapid purchases online.
- Quick Commerce supports new job opportunities across the country.
- Local dark shops strengthen and when supply chains.
- Increased disposable income contains small purchases.
- India's retail future is strongly related to rapid distribution growth.
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