India’s quick commerce market may reach $70-90 billion by 2031

India's quick commerce market may grow five to seven times to $70-90 billion by 2031, a joint report said.
The sector stood at $13 billion this year and could take about 5% of the country's total retail market.
It already leads India's hyperlocal economy, ahead of online food delivery and ride-hailing services.
Monthly users are set to cross 10 crore by 2031, with smaller towns driving 40% of the new growth.

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