India's Qcomm sector to have 5,500 stores by 2027-28: Report

Quick Summary:

BENGALURU: The quick commerce industry in India is projected to expand significantly, with HSBC forecasting 5,000-5,500 dark stores operational by fis.

The rapid pace at Blinkit included the addition of 216 stores in just one quarter.

Major players such as Blinkit, Zepto, and Swiggy’s Instamart have aggressively expanded their networks in recent quarters.

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Article Details

Author / Journalist: Supriya Roy

Category: EconomyBusiness

Markets: India

Topics: Swiggy Instamart HSBC Zepto investment Blinkit Retail industry growth Logistics optimization Gross order value Blinkit expansion Financial year 2027-28

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-23 @ 04:23:55 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 404 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 25347518

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 30 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

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Publisher ID: #28

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