With Kiranas still on top, is value grocery the next big e-commerce opportunity?
Bharat households are expected to account for over ₹85 lakh crore ($1 trillion+) in annual consumption by FY30, driven by more than 150 million households.
Despite this growth, kirana stores are expected to retain an 86% market share, highlighting significant headroom for digital grocery platforms.
While quick commerce is driving growth in metros, value grocery platforms are gaining traction in Tier-2 and smaller cities through affordable pricing.
RBI Monetary Policy: Whatever it takes to defend the Rupee and attract foreign capital
On the rates front, the RBI monetary policy committee voted unanimously to keep the repo rate unchanged at 5.25 per cent.
RBI has raised the CPI inflation forecast for the year ending March 2027 to 5.1% from 4.6% projected earlier. GDP growth forecast for 2026-27 has been lowered to 6.6% from 6.9%.
RBI has raised investment limits for NRIs and OCIs in listed equity instruments without requiring SEBI registration. The same facility will now be extended to all individual Persons Resident Outside India (PROIs).