India’s quick commerce (Q-com) industry, despite not yet reaching breakeven and currently incurring losses, is growing at a remarkable pace. The Q-com gross merchandise value (GMV) has nearly doubled every year — at a CAGR of 95 per cent in the last three years. Consumers are actively switching to Q-com and the numbers prove it. Users have grown seven times between CY22 and CY25, with the sector now holding 13 per cent of the online retail market, extending well beyond groceries. By 2030, it is projected to create a million more jobs.Published on June 16, 2026