Quick commerce led to closure of 200,000 kirana stores: Retailers’ body

The All India Consumer Products Distributors Federation (AICPDF) announced recently that quick commerce’s rapid growth in India has led to around 200,000 kirana stores shutting down over the past year, several media outlets reported.

The federation noted that sales at kirana stores during this festive season have remained stagnant. India currently has approximately 13 million kirana stores, with over 10 million located in Tier-II and smaller cities.