Synopsis
Apart from Big Basket and Grofers, Amazon, Flipkart and Reliance too are selling more and more grocery items online. This will increase as a lockdown in Maharashtra and potential similar actions in other states push demand for buying supplies online.
Agencies
In a report last year, Goldman Sachs predicted India’s ecommerce market will double to $99 billion by 2024 with groceries and fashion apparel leading the growth.
As more ecommerce players jump on to the bandwagon of grocery retail and lockdowns increase with the second Covid-19 wave, logistics and supply chain companies are building additional storage and distribution facilities for them.