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HYPERLOCAL AND THE TECH FACTOR

Commercial Vehicle

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January 2023

Rahul Mehra, Co-Founder at Roadcast talks about trends in the hyper-local delivery space for 2023.

- Rahul Mehra

HYPERLOCAL AND THE TECH FACTOR

Logistics today is about adaption and innovation. Post-pandemic, the logistics sector has transformed. The urgency and need brought on by the pandemic have changed consumer behaviour and commerce forever. The change in variables for logistics led to the retail sector becoming more focused on hyperlocal. Due to increased isolation, the demand for hyperlocal deliveries skyrocketed and continues to grow at a massive pace. Post-pandemic, as well, as seam-less hyperlocal deliveries are the need of the hour with businesses looking to invest in the sector to make it robust and rapid. With increased rapid delivery demand for food, personal care and even healthcare products, both large and small corporations, incumbent business owners and local vendors are shifting towards Q-commerce and E-commerce platforms further catapulting the growth of hyperlocal. This will continue to grow and shape the market at a steady pace. Here are eight trends expected to be witnessed.

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