Quick commerce eyes 8X GMV jump to $68 Bn by 2031 as Blinkit's NOV nearly doubles

Inc42 Datalabs projects Indian quick commerce GMV to scale from $8.3 Bn in 2026 to $68 Bn by 2031 at 52% CAGR, led by food & grocery (28%), fashion (20%) and electronics (18%). Blinkit's Q4 FY26 NOV hit ₹14,386 Cr, up 95.4% YoY, as habit-led consumption and Tier II expansion rewire brand playbooks.

— FiledThu, 14 May, 2026, 12:10 IST·First seen Thu, 14 May, 2026, 22:50 IST·Source Inc42 · Buzz

What happened

Blinkit · Inc42 Datalabs projects Indian quick commerce GMV to grow 8X to $68 Bn by 2031 at 52% CAGR. Habit-led consumption, premiumisation and Tier II

Key facts

  • $68 Bn GMV by 2031
  • $8.3 Bn in 2026
  • 52% CAGR
  • 28% CAGR food & grocery
  • 20% CAGR fashion
  • 18% CAGR electronics
  • Blinkit NOV ₹14,386 Cr Q4 FY26
  • 95.4% YoY

Why this matters

Scout acquisition or partnership targets in dark-store enabled brands across grocery, fashion and electronics before quick commerce platforms vertically integrate private labels and compress category margins.