Groceries in India are facing a serious crisis due to the rapid growth of quick commerce platforms like Blinkit, Septo and Swiggy Instamart.
A study conducted by the All India Consumer Product Distributors Federation (AICPDF) found that 2 lakh grocery stores were closed last year. This is due to the fact that customers choose fast delivery services instead of traditional shopping.
Grocery stores in India, with 13 million stores, are facing a severe crisis, especially in metro cities.
According to the AICPDF study, most of the closures of grocery stores take place in the capital cities. The closures in these cities are reported to be 45% higher.
The offers provided by the quick commerce platforms have also resulted in people being attracted to them. Citing the need for fairness in the integrated commerce sector, the AICPDF has petitioned the Ministry of Finance and CCI to examine these pricing policies and consider measures to protect small sellers.