Quick Commerce outperforms e-commerce, sale in India surge by 280% over two years: Report

India’s quick commerce sector has shown robust growth, with sales surging by over 280% in the past two years. The Gross Merchandise Value rose from USD 0.5 billion in FY22 to USD 3.3 billion in FY24. Expected to reach USD 9.95 billion by 2029, this indicates a shift towards faster delivery solutions among consumers.