Quick commerce in India is expected to remain intensely competitive in the coming years, while the food delivery segment will continue to serve as the main profit engine for online platforms, noted a report by Bernstein Research.
The Quick commerce in India is set to grow at an impressive rate of 75-100 per cent year-on-year, significantly outpacing traditional retail, which is expected to grow at a much lower rate, says a report by Bernstein
India's quick commerce sector is expected to expand beyond groceries into new categories and cities in 2025 as Tier-2 and smaller cities embrace this model, says a report by Bernstein.