Franchise-led models to drive India's quick-commerce expansion into tier-II, III cities by 2030: CBRE
New Delhi, Oct. 26 -- India's quick-commerce sector is entering a more disciplined phase of growth, with franchise-led models expected to support expansion into tier-II and tier-III cities by 2030, according to a report by CBRE.
The report noted that major quick-commerce platforms are moving closer to contribution-margin breakeven, reflecting a growing focus on sustainable growth and cost efficiency.
Currently, nearly "65-70 per cent of all dark stores are currently located in the top eight metros, with operators now deepening presence in markets such as Jaipur, Lucknow, Surat, Coimbatore and Nagpur." Rising internet adoption is also supporting growth in order volumes in these cities.
According to the report, tier-II and tier-III citie...
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