New Delhi, Feb. 22 -- The Quick commerce in India is set to grow at an impressive rate of 75-100 per cent year-on-year, significantly outpacing traditional retail, which is expected to grow at a much lower rate, says a report by Bernstein
The report attributes this growth to quick commerce's advantages in proximity, pricing, and product selection.
It said "Quick commerce is uniquely positioned across Proximity, Pricing & Selection & will continue to grow at 75-100 per cent YoY vs retail at low teens".
The report indicated that quick commerce is advancing faster than other internet-based retail channels in India. By 2025, the sector is expected to further establish itself as a dominant force.
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