How big is the quick commerce market in India?

The short answer

Quick commerce in India is about Rs 1.15 lakh crore (US$ 13 billion) in FY26 by a Google and Redseer report, and Rs 1.08 lakh crore in 2026 by Equirus, which puts growth at 40% a year. Google-Redseer projects Rs 8.54 lakh crore (US$ 90 billion) by FY31.

Two independent 2026 estimates, from Google-Redseer and Equirus, land within about 6% of each other. They measure slightly different periods (financial year vs calendar year).

The figures side by side

How we got this number

1. Take the two independent 2026 estimates: Rs 1.15 lakh crore (Google-Redseer, FY26) and Rs 1.08 lakh crore (Equirus, 2026).
2. Check they agree: the gap is about 6%, small for market-size estimates.
3. Use the Google-Redseer figure as the number because it gives the dollar value and a projection from the same model; show Equirus as the low end.
4. Note the share context: about 6% of metro retail spending today, which Google-Redseer expects to reach 20-23%.

What this number does not tell you

• Market size here is gross order value, not the platforms' revenue.
• The projections assume growth outside the metros that has not happened yet.
• Neither report is published in full; figures come from press coverage.

Sources

1. Google and Redseer report, reported by IBEF, 8 October 2026from around Rs. 1.15 lakh crore (US$ 13 billion) in FY26 … projected to expand nearly seven-fold to Rs. 8.54 lakh crore (US$ 90 billion) by FY31. Monthly transacting users are expected to exceed 100 million nationwide by FY31. Quick commerce's share of metro retail spending could increase from around 6% currently to 20-23%.
2. Equirus report, reported by Apparel Resources, 7 July 2026the quick commerce segment is projected to touch Rs 1.08 lakh crore, registering a 40% year-on-year growth

Worked out by us: 6% (Rs 1.15 lakh crore against Rs 1.08 lakh crore).

Questions people ask

What is the size of the quick commerce market in India?

About Rs 1.15 lakh crore (US$ 13 billion) in FY26, per Google and Redseer; Equirus puts 2026 at Rs 1.08 lakh crore.

How big will quick commerce be in India by 2031?

Google-Redseer projects Rs 8.54 lakh crore (US$ 90 billion) by FY31, with more than 100 million monthly transacting users.

Read next

• Quick commerce in India
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• Quick commerce product metrics
• How many D2C brands are there in India?
• All India numbers

This is a best guess, not an official statistic. We recheck it half-yearly. If you have a newer or better source, send it to us.