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Indian quick commerce sector made two-thirds of e-grocery orders in 2024, report says

  • India's quick commerce sector, dominated by players such as Blinkit, Zepto, and Swiggy Instamart, accounted for over two-thirds of e-grocery orders in 2024.
  • The sector's market share expanded to $6-7 billion, representing one-tenth of total e-retail spending in India.
  • The quick commerce industry is projected to continue its growth with an estimated annual growth rate of over 40% through 2030.
  • Expansion into new product categories, improved supply chains, and adaptation to smaller cities are identified as key factors for long-term profitability.

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