E-commerce Market

The market size of India's e-commerce sector is estimated to jump more than four-fold to USD 550 billion by 2035, according to a report by Anarock and ETRetail. In 2024, the market size of the e-commerce stood at USD 125 billion, the report said. Real estate consultant Anarock and ETRetail released their joint report at 'The Economic Times Great India Retail Summit 2025' in Mumbai on Thursday. "Indian e-commerce is expected to touch USD 550 billion by 2035, growing at a CAGR (compounded annual growth rate) of 15 per cent. In 2024, the value of this vibrant and disruptive retail segment was estimated at USD 125 billion. It is likely to touch USD 345 billion by 2030-end," the consultant said in a statement. Increasing internet penetration, smartphone adoption, digital payment infrastructure, and a young, tech-savvy population are driving this growth, Anarock said. Government initiatives like 'Digital India' and rapid improvements in the country's logistics and supply chain networks

The GOVs of all the quick commerce players have been growing strongly. In case of Zomato and Swiggy, the GOV growth has been faster than their food delivery business

The new quick delivery proposition, JIFFY, will be a key growth driver for the business in the coming quarters, said Spencer's chairman, Shashwat Goenka

Items like casual wear and western apparel emerged as the most sought-after products in 2024, followed by beauty, wellness, and personal care segment that constituted 20 per cent of the total orders

The quick commerce industry hired about 40,000 workers last quarter to handle increased festive shopping and e-commerce demand

Starting today, Blinkit launched its first five ambulances in Gurugram, marking the beginning of its efforts to enhance emergency medical access

In 2024, India's Tier-II and -III towns and the hinterland emerged as key growth drivers for e-commerce companies and direct-to-consumer brands, with strong demand for their products and services

Vietnam has suspended the operations of Chinese online retailer Temu after it failed to meet a government deadline to register the company by the end of November. It is unclear if Temu, a unit of Chinese e-commerce giant Pinduoduo, will be allowed to resume its business once it registers. The suspension comes after the ministry had raised concerns about the authenticity of Temu's extremely cheap products and their impact on Vietnamese manufacturers. Temu said Thursday it was working with the Vietnam E-commerce and Digital Economy Agency and the Ministry of Industry and Trade to register its e-commerce services and had submitted required documents. Temu began selling goods in Vietnam in October with aggressive discounts and free shipping. The government had warned the company that its app and website would be blocked if it did not register before an end-of-November deadline, official Vietnam News Agency cited the Ministry of Industry and Trade as saying. On Thursday, Vietnamese ...

As consumer preferences shift towards the convenience of last-minute grocery deliveries, quick commerce companies are outpacing traditional retailers, with 46 per cent of consumers surveyed reporting a cut in purchases from Kirana shops, a report has said. The quick commerce market size is expected to reach USD 40 billion by 2030, a jump from USD 6.1 billion in 2024, according to the report by Datum Intelligence. "Nearly half (46 per cent) of respondents report reduced spending at Kirana shops, indicating a shift in customer behavior towards quick commerce platforms," it noted. Quick commerce refers to the delivery of consumer items in 10-30 minutes. Blinkit, Zepto, Swiggy Instamart, and Flipkart Minutes are among the top quick commerce platforms in India. The quick commerce market is projected to capture approximately USD 1.28 billion of Kirana sales by 2024, accounting for 21 per cent of total sales on these platforms, the report further said. "Quick commerce's focus on speed an

The Kantar and GroupM study highlights a nearly 60 per cent growth in the average FMCG basket size for rural consumers, increasing from 5.8 in 2022 to 9.3 in 2024

Indian laws prohibit foreign e-commerce players from holding inventory of goods they can sell on their website

Demand from non-metro consumers, coupled with increased interest in luxury brands, drove festive season sales

India's quick commerce sector has seen an astonishing growth rate, with sales increasing by more than 280 per cent over the past two years

Sales for the week beginning Sept 26 accounted for roughly 55% of the expected total e-commerce sales for the festive season

Amazon India launches safety, wellness initiatives for delivery associates

New Delhi: Amazon India has launched ambulance services for delivery associates in partnership with Dial 4242 and rolled out a comprehensive six-month health campaign which is expected to benefit over 50,000 associates, the company said on Monday.

The company's health campaign is aimed to provide free health check-up to delivery associates including eye and dental check-up along with creating awareness among delivery associates for their ongoing comprehensive health and accidental coverage including maternity cover for female delivery associates, the company said.

"The service addresses the need for immediate medical response during emergencies, ensuring timely assistance during the first few critical hours following an on-road accident, and will be available across Dial 4242's PAN India network," the company said in a statement.

Over the next six months,

NCERT textbooks for students from Kindergarten to Class 12 as well as for UPSC aspirants will now be sold by authorised sellers on Amazon India website as well, the e-commerce firm said on Monday. Amazon India said that it has partnered with the National Council of Educational Research and Training (NCERT) to facilitate the sale of books at maximum retail price (MRP) across all serviceable pin codes in India. Amazon India said that it has partnered "with the National Council of Educational Research and Training (NCERT) to expand the availability of textbooks for students from Kindergarten to Class 12, as well as UPSC aspirants, through Amazon.in". In addition to serving individual customers, Amazon.in will work with NCERT on bulk ordering for government agencies and schools. "To support this, NCERT has appointed designated distribution vendors who will work with sellers on Amazon.in to ensure timely and efficient deliveries," the statement said. Union Education Minister Dharmendra

Home-grown FMCG major Emami expects four to five-fold growth in sales through quick commerce channels in the next two years, the company's Vice Chairman & MD Harsha V Agarwal said on Monday. Besides, it is also looking for more acquisition opportunities in D2C (direct-to- consumer) segments in sectors like nutrition, pet care or health food. The Kolkata-headquartered company is quite encouraged by a good monsoon this season and is "optimistic" for good festive season sales, even from the rural markets, which were lagging. Emami has recently acquired the remaining 49.6 per cent stake in Helios Lifestyle, which owns men's grooming brand 'The Man Company'. Besides, it had acquired a 26 per cent stake in Axiom Ayurveda, marking its entry into the packed juice business and increased its stake in pet care product maker Cannis Lupus. "...we have been very aggressive in the acquisition and even going forward, we are looking for acquisitions, be it full acquisitions or partnering with D2C

The latest analysis forecasts 20 per cent year-on-year (Y-o-Y) growth, fuelled by high pent-up demand and a premiumisation wave

According to the report, shopping frequency has increased across channels, with more frequent visits to both modern trade and online platforms

Softbank-backed e-commerce firm Meesho will start its annual festival sale, Meesho Mega Blockbuster Sale, from September 27 onwards with the highest number of sellers onboard among its competitors, the company said on Tuesday. The company has recorded about 42 per cent surge in sellers on a year-on-year basis to 20 lakh for the upcoming festival season. "Meesho's Annual 'Meesho Mega Blockbuster Sale' Starts on 27th September. With over 20 lakh sellers and 12 crore product listings across 30 categories, Meesho aims to make festive shopping more accessible, affordable, and convenient for shoppers across the country," the company said in a statement. Meesho claimed to have 14 lakh sellers onboard for Meesho Mega Blockbuster 2023. Amazon India has seen a 14 per cent growth in seller base but remains lower than that of Meesho for their upcoming annual festival sale "The Great Indian Festival". "Our current seller base exceeds 16 lakh sellers from all across the country," Amazon India,