India’s Quick Commerce to grow 75-100 pc YoY, will outpace traditional retail: Bernstein Report

New Delhi [India], February 22 (ANI): 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”.