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

• 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