Before placing an order, consumers typically browse multiple websites to compare delivery times for the same item, ultimately choosing the retailer that can deliver the product the quickest. Many consumers are even willing to pay subscription fees for the convenience of receiving their orders within a few hours.
Nothing exemplifies this trend better than the rapid growth of Blinkit, which was influential in taking Zomato, its parent company, from being loss-making to profitability within a few quarters. In fact, between 2021 and 2023, the quick commerce segment has grown 230%, accounting for 40% of total online grocery sales this year.
Rising Demand for Convenience
While the concept of quick commerce was just emerging in India in 2022, by 2024, the demand for lightning-fast deliveries has become widespread in metro cities across India, specifically in Mumbai. This transformation is attributed to the development of intricate delivery networks, dark stores, and, most importantly, in-city mini-warehousing spaces.
This evolving consumer behavior challenges traditional e-commerce models and underscores the need for logistics solutions that can keep pace with the demand for quick delivery. Companies are increasingly investing in infrastructure and technology to meet these heightened expectations and gain a competitive edge in a crowded marketplace. As online shopping rapidly expands, consumers now expect faster and better service, intensifying competition among e-commerce companies. Offering quick delivery has become a major differentiator for such businesses.
This surge in e-commerce has increased the need for efficient storage and distribution centers. Additionally, as the manufacturing sector grows, so does the demand for warehousing space to store raw materials and finished products.
The need for in-city warehousing solutions in Mumbai has become increasingly apparent. Urban areas require strategically located warehouses to facilitate rapid distribution and meet the pressing demands of consumers who expect quick turnaround times. But there is one thing that comes in the way of logistical spaces – spaces (or the lack of it).
In-City Logistic Demand: The Only Way Is Up
The metro city of Mumbai is home to a population of 21.6 million spread across a sprawling area of 600 square kilometers, connecting four districts. Expanding businesses need to cater to all these areas, which necessitates central warehousing. But the limited space in the city, especially in strategically important locations, is a big challenge for retailers as well as logistics service providers looking to expand in the city. Sensing this challenge, IndoSpace has come up with an innovative warehousing solution — INLOGIS Chembur.
InLogis Chembur, which connects South Mumbai, western suburbs, eastern suburbs, and Navi Mumbai, serves over half of Mumbai’s population and meets the growing demand for quick and efficient urban distribution services. It is well connected to major transport routes, including the Mumbai Trans Harbour Link (MTHL), Mumbai-Pune Expressway, JNPT Port, Eastern Freeway, Eastern Expressway, and airports, including the upcoming Navi Mumbai International Airport.
In this vertically growing city, warehousing spaces are also expanding vertically. The multilevel facility at InLogis Chembur has eliminated the issue of dead space. InLogis Chembur features cargo elevators and docking stations designed for rapid servicing, resulting in improved dispatch lead times despite multi-level operations. By offering scalable options ranging from 5,000 to 35,000 square feet, and spanning over 1.5 lakh square feet, the company effectively supports the needs of emerging and established q-commerce companies.