ENA Economy 2025-07-11 16:52:41 <p><span style="font-size:14px"><strong>New Delhi, Jul 11 (KNN)</strong> India's quick‑commerce (q‑commerce) industry is poised for explosive growth, with gross order value (GMV) expected to soar from Rs 64,000 crore in FY 2025 to Rs 2 lakh crore by FY 2028, according to a CareEdge Advisory report.</span></p> <p><span style="font-size:14px">This rapid ascent, fuelled by a staggering compounded annual growth rate (CAGR) of 142 per cent between FY 2022 25, highlights a shift in consumer habits toward prioritising speed and convenience . Key enablers include expanding hyperlocal delivery networks, booming internet use (806 million users by early 2025), and smartphone penetration&mdash;especially in Tier II and III cities.</span></p> <p><span style="font-size:14px">A major catalyst has been the build-out of over 3,000 dark stores (up 71 per cent YoY from FY 2024), which has boosted average earnings per outlet by 25 per cent in FY 2025.</span></p> <p><span style="font-size:14px">On the revenue front, fee‑based earnings&mdash;from convenience charges, commissions, advertising, and subscriptions&mdash;have surged even faster than GMV.</span></p> <p><span style="font-size:14px">They leaped from Rs 450 crore in FY 2022 to Rs 10,500 crore in FY 2025, and are projected to reach Rs 34,500 crore by FY 2028&mdash;growing at an annual rate of around 26 27 per cent.</span></p> <p><span style="font-size:14px">Rising platform fees are a major driver: take‑rates have nearly doubled from around 7 9 per cent in FY 2022 to 14 18 per cent by FY 2025, marking a shift toward more aggressive monetisation.</span></p> <p><span style="font-size:14px">Platforms are now looking beyond just fast delivery. They're exploring higher-margin revenue streams like targeted ads, private labels, subscriptions, and AI-powered inventory optimisation to ensure sustainable growth and profitability.</span></p> <p><span style="font-size:14px">The sectors growth is part of a broader trend in Indias digital economy. Urbanisation, rising incomes, and on-demand lifestyles have positioned q‑commerce as a core pillar of Indias retail landscape.</span></p> <p><span style="font-size:14px">FMCG brands are actively partnering with platforms to launch exclusive products and premium SKUs, further enriching selection and boosting average order value.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 42781 https://knnindia.co.in/news/newsdetails/economy/indias-quick-commerce-market-set-to-hit-rs-2-lakh-crore-by-fy28 2025-07-11 16:52:41 knnindia.co.in