CosmicTaco

Rapid Growth of Quick Commerce Threatens Kiranas: AICPDF to Piyush Goyal

CosmicTaco · 2024-08-24T10:33:31.056747+05:30

- The All India Consumer Products Distributors Federation (AICPDF) has urged Trade Minister Piyush Goyal to scrutinize the rapid growth of quick commerce platforms like Blinkit, Swiggy Instamart, and Zepto. - AICPDF claims the unchecked expansion of these platforms is undermining small kirana stores, which are crucial to India's retail sector. - Quick commerce companies deny harming kiranas, stating they compete with e-commerce and modern retail instead. - An investor suggests these companies avoid admitting impact on kiranas to evade regulatory scrutiny. - AICPDF calls for protective measures and dialogue among stakeholders to ensure fair business practices. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/startup/rapid-unchecked-growth-of-quick-commerce-hurting-millions-of-kiranas-and-small-retailers-fmcg-distributors-body-aicpdf-12805612.html)

The All India Consumer Products Distributors Federation (AICPDF) has urged Trade Minister Piyush Goyal to scrutinize the rapid growth of quick commerce platforms like Blinkit, Swiggy Instamart, and Zepto.
AICPDF claims the unchecked expansion of these platforms is undermining small kirana stores, which are crucial to India's retail sector.
Quick commerce companies deny harming kiranas, stating they compete with e-commerce and modern retail instead.
An investor suggests these companies avoid admitting impact on kiranas to evade regulatory scrutiny.
AICPDF calls for protective measures and dialogue among stakeholders to ensure fair business practices.

Source: Moneycontrol