Dec 10 (Reuters) - Amazon ( 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'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 ( AMZN ) is the latest to join the
bandwagon.
Amazon ( AMZN ) 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
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.
Earlier this year, Amazon's ( AMZN ) 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.