India’s quick commerce sector made two-thirds of all 2024 e-grocery orders, report says
From Yahoo Finance: 2025-03-27 02:01:00
India’s quick commerce sector dominated e-grocery orders in 2024, reaching $6-7 billion. The industry, led by Blinkit, made up 10% of e-retail spending. With rapid growth projected, quick commerce is expected to expand into new categories and regions. Challenges ahead include profitability and competition from major players like Flipkart.
Despite rapid growth, quick commerce platforms may struggle to maintain profitability and expand beyond large cities. To succeed, companies must adapt to new markets, manage competition, and optimize supply chains. While players like Flipkart Minutes and Amazon’s Tez have entered the sector, some experts believe the boom may not last.
Industry experts caution that the quick-commerce boom may be unsustainable. TVS Capital Funds Chairman Gopal Srinivasan views the frenzy as a passing fad, with potential challenges in the long run. As the sector continues to evolve, adaptability and sustainable growth will be key for success.
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