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India's quick commerce market seen tripling to ₹2 trillion by FY28

India's quick commerce market is projected to grow rapidly, reaching Rs 2 lakh crore by FY28, driven by rising adoption in Tier II and III cities, better delivery networks, and demand for instant fulf

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The sharp rise is driven by higher platform fees and increased monetisation by leading players, alongside a broader uptick in order volume. | Representative Image

Peerzada Abrar Bengaluru

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India’s quick commerce market is on a rapid growth trajectory, with the gross order value (GMV) projected to rise from ₹64,000 crore in FY25 to nearly ₹2 trillion by FY28, according to CareEdge Advisory. The sector expanded at a compound annual growth rate (CAGR) of 142 per cent between FY22 and FY25, driven by shifting consumer habits, hyperlocal infrastructure, and a low base.
 
Fueling this surge is rising digital adoption and consumer spending. As of early 2025, India had 806 million internet users – a 6.5 per cent increase from the previous year – supported by over 1.12 billion mobile