India’s quick commerce to reach up to $70 billion by 2030: Report

India’s quick commerce segment has doubled annually over the past two years and is projected to reach $65-70 billion by 2030, Flipkart and Bain & Company reported. The growth is driven by structural factors like population density and low labour costs. Q-commerce is fuelled by need-based purchases, with user sessions typically under five minutes versus over ten in traditional e-retail.