Amazon bets $3 billion on India’s fast-delivery boom, sources say
The instant deliveries sector has become a rapidly growing force and reshaped how urban Indians shop for everything from milk to iPhones.
Amazon plans to invest $3 billion to bolster its India quick commerce business by 2030, according to two sources. This is the company's most significant investment yet in the sector, which has seen rivals like Flipkart and itself move quickly to popularize deliveries within minutes. Quick commerce has rapidly gained traction in urban India, transforming how consumers shop for a wide range of items, from everyday essentials like milk and chocolates to high-tech gadgets such as iPhones and electronics.
Once primarily purchased from traditional retail stores or major e-commerce platforms with slower delivery times, these products are now readily available through quick commerce services. While Amazon and Walmart's Flipkart lead in India's e-commerce market, both are relatively late to the quick commerce game. The sector, valued at $19 billion, is projected to more than double to $41 billion by 2030, according to Datum Intelligence.
Written by urgent.news from Japan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
