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    <author>ENA</author>
    <category>Sectors</category>
    <date>2023-09-26 14:03:19</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;New Delhi, Sept 26 (KNN)&lt;/strong&gt; Around 25-30 per cent of the e-commerce sales are expected to come from quick commerce platforms by FY25 for the e-commerce industry.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Speaking at an investors meet, Dabur India CEO Mohit Malhotra said, E-commerce and modern trade is assuming huge importance. Within the e-commerce space, quick commerces contribution is expected to be 25-30 per cent in two years.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;&lt;a href=&quot;https://bit.ly/3B9mZSj&quot;&gt;&lt;img alt=&quot;FOLLOW US on GOOGLE NEWS&quot; src=&quot;https://knnindia.co.in//uploads/gallery/GoogleNews.jpg&quot; style=&quot;border-style:solid; border-width:1px; height:95px; margin:1px; width:299px&quot; /&gt;&lt;/a&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;For instance, Zepto is growing at 200 per cent for us. All quick commerce platforms are doing exceedingly well for us, he said.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;As per reports, the FMCG companies are betting big on quick commerce channels. This comes at a time when consumers are increasingly turning to platforms such as Blinkit, Zepto and Swiggy Instamart for not only their impulse purchases but also for regular planned purchases.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Packaged food companies such as Nestle India have also witnessed significant growth on quick commerce platforms in recent quarters, reported Hindu businessline.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Responding to a businessline query at an investor call, Gautam Kamath, Vice President - Finance, Procter &amp;amp; Gamble Hygiene and Health Care Ltd said, E-commerce is already contributing in double digits to our overall revenues but of course differs by category and the choice a business makes on the channels for each segment. In fact, we are also learning and seeing early wins on specific formats like quick commerce&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;He added that this growth can be attributed to evolving consumer habits as consumers are shopping online to meet their needs instantly. Kamath also pointed out that the e-commerce channel is opening up new set of avenues to reach, target and engage consumers.  &lt;em&gt;&lt;strong&gt;(KNN Bureau)&lt;/strong&gt;&lt;/em&gt;&lt;/span&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>34924</id>
    <link>https://knnindia.co.in/news/newsdetails/sectors/quick-commerce-to-contribute-25-30-to-e-commerce-industry-by-fy25</link>
    <pubDate>2023-09-26 14:03:19</pubDate>
    <source>knnindia.co.in</source>
    <title>Quick Commerce To Contribute 25-30% To E-Commerce Industry By FY25</title>
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