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2 Lakh+ Kirana Stores Shut Down with Quick Commerce Surge in India

  • Over 2 lakh kirana stores in India have shut down due to the rise of quick commerce platforms.
  • Government acknowledges the challenges faced by local traders and pledges to safeguard their interests.
  • FMCG giants observe a slowdown in general trade compared to online channels.
  • Quick commerce platforms are being scrutinized for predatory pricing tactics, while traditional retailers need to innovate to compete.

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