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The Economic Times

Technology

Quick commerce no longer luxury service, becoming permanent structural shift in urban retail: Report

Quick commerce is no longer a luxury service but has evolved into a permanent structural shift in India's urban retail landscape, with the segment expected to drive a significant share of the country's retail market growth over the coming years, according to a report by Anand Rathi Research.

The report said India's overall retail market, currently valued at around USD 1.07 trillion, is expected to grow at a compound annual growth rate (CAGR) of around 8-10 per cent during FY26-31, reaching USD 1.5-1.6 trillion.

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