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ReportIBEFThursday, 8 October 2026

India’s quick commerce market poised for seven-fold growth to US$ 90 billion by FY31: Report

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Official or institutional report — an evidence-based assessment from government or research bodies. Informs policy design, monitoring, and evaluation.

Summary

India’s quick commerce market is projected to grow nearly seven-fold to US$90 billion by FY31, driven by rising adoption, metro demand and non-grocery sales.

Key Facts

TypeReport
SourceIndia Brand Equity Foundation
PublishedThursday, 8 October 2026
Affected Population~500 million urban residents, 8,000+ cities/towns

Key Numbers

PMAY-U: 1.18 crore houses sanctioned
Smart Cities Mission: 100 cities
Metro rail: 900+ km operational
Merchandise exports: $437 billion (2024-25)

Key Authorities

Ministry of Housing & Urban AffairsSmart Cities MissionMinistry of Commerce & IndustryDPIITDGFT

Key Stakeholders

Urban ResidentsMunicipal CorporationsReal Estate DevelopersExportersImportersMSMEs

Government Context

NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight

Amendment History

3 changes recorded for this policy.

DescriptionThursday, 8 October 2026via epod_harvard
India’s quick commerce market is projected to grow nearly seven-fold to US$90 billion by FY31, driven by rising adoption, metro demand and non-grocery sales.
Conducting innovative research on economic growth and development policies to foster inclusive prosperity.
DescriptionFriday, 9 October 2026via epod_harvard
India’s quick commerce market is projected to grow nearly seven-fold to US$90 billion by FY31, driven by rising adoption, metro demand and non-grocery sales.
Conducting innovative research on economic growth and development policies to foster inclusive prosperity.
DescriptionFriday, 9 October 2026via epod_harvard
India’s quick commerce market is projected to grow nearly seven-fold to US$90 billion by FY31, driven by rising adoption, metro demand and non-grocery sales.
Conducting innovative research on economic growth and development policies to foster inclusive prosperity.

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