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India breaks into global qcom top 3, behind only China and US
Business Standard
|November 24, 2025
India is the third-largest market in the world for quick commerce (qcom) based on revenues — far behind the giants China and the US, but well ahead of markets like Japan, South Korea, the UK, and European Union countries, according to Statista projections.
It is also projected to be the fastest-growing market among the top three, with a compound annual growth rate of 15.5 per cent between 2025 and 2030, compared to 6.72 per cent in the US and 7.9 per cent in China.
India has also been a leading recipient of funding in this space. A study by Marketing + Media Alliance (MMA)-Publicis Commerce observes that over the past decade, the country received $6.8 billion — less than the US ($7.9 billion) but more than Germany ($4.6 billion), the UK ($2.4 billion), and Türkiye ($2.5 billion).
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