India's quick commerce growth set to accelerate, food delivery to remain steady: Report
New Delhi, Oct. 11 -- India's quick commerce sector is expected to see faster net order value (NOV) growth, while food delivery platforms are likely to maintain steady momentum according to an Emkay report.
According to the report, India's quick commerce sector is witnessing consolidation, with net order value (NOV) growth for leading platforms expected to accelerate to as much as 21.6 per cent quarter-on-quarter in Q2FY27, as higher minimum order values and reduced discounts at some platforms shift demand towards competitors.
"We see NOV growth of quick commerce (Qcom) companies accelerating," it said.
Meanwhile, the food delivery segment is expected to maintain steady growth of around 18 per cent year-on-year in order value. "As we s...
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