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Amazon joins India's quick commerce race with trials for 15-minute grocery delivery

Published 12/10/2024, 05:57 AM
Updated 12/10/2024, 06:01 AM
© Reuters. Boxes lie on a conveyor belt during Cyber Monday at Amazon's fulfillment center in Robbinsville, New Jersey, U.S., December 2, 2024. REUTERS/Eduardo Munoz/File Photo
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(Reuters) - Amazon (NASDAQ:AMZN) will begin trials for quick commerce operations in India that would see the U.S. e-commerce giant deliver grocery items in 15 minutes or less, it said on Tuesday.

Quick commerce is catching up in India, with companies like Zomato (NS:ZOMT)'s Blinkit and SoftBank-backed Swiggy's Instamart promising deliveries of goods from groceries to electronics as quickly as 10 minutes, challenging e-commerce giants.

Seattle-headquartered Amazon is the latest to join the bandwagon.

Amazon would focus on implementing a strategy "to offer the largest selection at fastest speeds and greatest value to customers in every single pin-code across the country," Samir (CSE:SAM) Kumar, country manager, Amazon India, said in a statement.

India's quick commerce industry is expected to cross $6 billion in annual sales this year from just $100 million in 2020, according to research firm Datum Intelligence.

© Reuters. Boxes lie on a conveyor belt during Cyber Monday at Amazon's fulfillment center in Robbinsville, New Jersey, U.S., December 2, 2024. REUTERS/Eduardo Munoz/File Photo

Earlier this year, Amazon's larger domestic rival, the Walmart-backed Flipkart piloted its own quick commerce service in select Indian cities, promising delivery of groceries in 10 minutes.

Billionaire Mukesh Ambani's Reliance has also started a pilot for a 10-30 minute delivery service near Mumbai, Reuters has reported.

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