India's quick commerce growth set to accelerate, food delivery to remain steady
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓India's quick commerce sector expects net order value growth to reach 21.6% in Q2FY27, according to an Emkay report.
- ✓Food delivery platforms should maintain steady 18% growth.
- ✓"We see NOV growth of quick commerce companies accelerating," the report said.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Economic Times
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
According to the report, India's quick commerce sector is witnessing consolidation, with net order value (NOV) growth for leading platforms expected to accelerate to as much as 21.6% quarter-on-quarter in Q2FY27, as higher minimum order values and reduced discounts at some platforms shift demand towards competitors.
India's quick commerce sector is expected to see faster net order value (NOV) growth, while food delivery platforms are likely to maintain steady momentum according to an Emkay report.
According to the report, India's quick commerce sector is witnessing consolidation, with net order value (NOV) growth for leading platforms expected to accelerate to as much as 21.6% quarter-on-quarter in Q2FY27, as higher minimum order values and reduced discounts at some platforms shift demand towards competitors.
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Economic Times
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