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India breaks into global quick commerce top 3, behind only China and US

Statista projects India's qcom revenues to double to $11 billion by 2030 as user numbers rise and platforms expand into more cities

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Surajeet Das Gupta New Delhi

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India is the third-largest market in the world for quick commerce (qcom) based on revenues — far behind the giants China and the US, but well ahead of markets like Japan, South Korea, the UK, and European Union countries, according to Statista projections.
 
It is also projected to be the fastest-growing market among the top three, with a compound annual growth rate of 15.5 per cent between 2025 and 2030, compared to 6.72 per cent in the US and 7.9 per cent in China.
 
India has also been a leading recipient of funding in this space. A study by Marketing