Flipkart's grocery business has witnessed 3
Grocery continues to be one of the fastest-growing categories, with the increase in demand for quality food and household supplies from users.
"We have witnessed increased demand for groceries from tier 2 cities in the past year, fuelled by customers increasing preference for contactless shopping, from the comforts of their home. It is a trend that we think will continue and will set the course of e-grocery space in
Grocery on Flipkart marketplace is now available in cities such as
Flipkart Grocery has over 7,000 products available across more than 200 categories.
A recent report by Bengaluru-based consulting firm Redseer said that more than 50 per cent (close to $570 billion) grocery retail space in India is addressable by e-grocery platforms.
Of this, value-first households account for a significant 61 per cent portion, with metro and tier 1 markets covering more than 40 per cent of this opportunity.
The company has also launched ‘Flipkart Quick', its hyperlocal delivery model in
SEE ALSO:
New electricity late payment surcharge rules announced – but consumer electricity bills may not decrease
Heranba Industries IPO: Here is how to check share allotment status
Indians are heading back to parks, supermarkets and pharmacies — but malls and theatres are not on the priority list