logo
Quick commerce job growth outpaces ecommerce, modern trade

Quick commerce job growth outpaces ecommerce, modern trade

Economic Times12 hours ago

The growth of quick commerce has led to the creation of many new jobs, especially in last-mile delivery and operational roles. A report by TeamLease estimates that the sector will employ up to 5.5 lakh people by next year.Currently, there are 2.5 to three lakh outdoor delivery workers and 70,000 to 75,000 employees working in dark stores and warehouses.
Employment generationA report by Kearney breaks down employment into two categories: direct and indirect.
Direct jobs include essential day-to-day roles such as warehouse and fulfilment centre staff, delivery workers, and employees in stores and dark stores.
Last-mile delivery is the most labour-intensive part of quick commerce, with over 46 workers employed per Rs 1 crore of monthly gross merchandise value (GMV), making it the most demanding in terms of workforce among retail types.
Indirect jobs cover roles in corporate offices, IT, and packaging companies that support the quick commerce sector. While important, these roles are smaller in number compared to operational positions.Qcomm vs other retail channelsWhen comparing workforce: General trade (kirana stores, local grocery stores) leads with 63 to 66 jobs per Rs 1 crore of monthly GMV
(kirana stores, local grocery stores) leads with 63 to 66 jobs per Rs 1 crore of monthly GMV Quick commerce is close behind with 62 to 64 jobs
is close behind with 62 to 64 jobs Modern trade (supermarkets, hypermarkets) follows with 41 to 42 jobs
(supermarkets, hypermarkets) follows with 41 to 42 jobs Ecommerce comes last with 25 to 29 jobs. In quick commerce, last-mile delivery alone accounts for 46 out of 62 jobs, a sharp contrast to ecommerce, which employs only 13 to 15 in this area. In modern trade, these roles are minimal.
Future job growth in qcomm The report claims that quick commerce mainly draws demand from other retail formats: about 92–93% of its sales come from modern trade, general trade, and ecommerce. However, 6–8% of its sales are new, which helps stimulate additional consumer demand and generate new jobs.
By 2025, the sector is expected to see a 60% rise in gig worker hiring, fuelled by the rising need for faster deliveries. This expansion is expected to create 15 to 18 new jobs per Rs 1 crore of monthly GMV, with about five jobs coming purely from increased demand. These roles will mainly be in last-mile delivery, warehouse management, and operations — the areas where job growth is most closely linked to order volume.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Redevelopment project of Tatanagar railway station put on fast track: SER
Redevelopment project of Tatanagar railway station put on fast track: SER

Time of India

time42 minutes ago

  • Time of India

Redevelopment project of Tatanagar railway station put on fast track: SER

1 2 3 Jamshedpur: Officials in South Eastern Railways and the Chakradharpur railway division are trying to fast-track the process of selecting an agency to carry out the redevelopment of Tatanagar railway station. "Technical evaluation of the documents is presently being done, and subsequently, financial evaluation will be done ahead of the finalisation of the agency," Aditya Chaudhary, public relations officer of Chakradharpur railway division, said. Ten agencies participated in the tendering process and submitted their documents, Chaudhary said. Prime Minister Narendra Modi laid the foundation stone for the project in February last year and the railways has sanctioned Rs 348 crore for the project. Notably, the 110-year-old Tatanagar station handles 100-plus trains daily, and it is the only A1 category station in the division. Senior officials at the division said the rebuilding work will begin in five months. The redevelopment plan involves adding new platforms, constructing a new model building, and removing encroachments from a wide area in the vicinity of the platform. "Besides that, the laying of the third and fourth lines between Tatanagar and Gamharia stations is also part of the redevelopment plan," Arun Huria, divisional railway manager of Chakradharpur, said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 오스템 임플란트 받아가세요 임플란터 더 알아보기 Undo The railway plans to add three more platforms to the existing five at Tatanagar and ensure all eight platforms are equipped with escalator and lift facilities to aid Divyang commuters in reaching the foot over bridge (FOB) for entering and exiting the station. The station will have a multiplex, centralised airconditioning with a 2,000-plus passenger sitting capacity, and a VIP lounge. Spread across 200 acres of land, the proposed model station will have a variety of commercial and entertainment facilities over 79 acres. while the remaining area will be used for core railway infrastructure, officials said. The new station complex will have a network of 130 advanced CCTV cameras in platforms, parking lots, entry and exit gates. Besides Tatanagar, Ranchi and Hatia railway stations are being developed under the station redevelopment scheme.

Cops probe role of others in multi-crore fraud by former ICICI Bank employee
Cops probe role of others in multi-crore fraud by former ICICI Bank employee

Time of India

time42 minutes ago

  • Time of India

Cops probe role of others in multi-crore fraud by former ICICI Bank employee

Kota: After ICICI Bank's internal investigation pinpointed Sakshi Gupta, a former relationship manager at the bank's DCM branch in Kota, as the key figure behind a multi-crore fraud involving customer accounts, Kota police have launched an investigation to determine if others were involved and requested relevant documents from the bank. Tired of too many ads? go ad free now Tarun Dadhich, manager of the city's ICICI DCM branch, on Feb 18, 2025, submitted a report at the Udhyog Nagar police station alleging that Gupta, the former relationship manager at the bank, siphoned off Rs 4.58 crore from 110 accounts belonging to 41 customers over a period between 2020 to 2023. Following the police inquiry, Sakshi Gupta was arrested on May 31 and was remanded to judicial custody following a one-day police remand for interrogation. Udhyog Nagar police station Circle Inspector Jitendra Singh said Saturday that while the internal inquiry identified Sakshi Gupta as solely responsible for the fraud, the police have sought additional documents from the bank to probe the possible role of other persons involved with her in orchestrating the multi-crore fraud. However, Singh said, prima facie, no involvement of other persons has surfaced yet. According to the police, Sakshi Gupta withdrew funds from more than 110 accounts belonging to 41 customers over a span of two and a half years, investing the siphoned amounts in the stock market. However, she suffered significant losses. To hide the transactions from customers, she replaced the registered mobile numbers on several accounts with those belonging to her relatives, ensuring that transaction alerts and OTPs were diverted from the actual account holders. In one instance, she used an elderly woman's account—without her knowledge—as a 'pool account', moving over Rs 3 crore through it by Feb 15, 2023. Tired of too many ads? go ad free now The investigation also revealed that Gupta misused debit cards, PINs, and OTPs for unauthorised transactions, and even activated overdraft facilities on 40 accounts without customer consent. Further inquiry found she prematurely closed fixed deposits belonging to 31 customers, redirecting Rs 1.34 crore into unauthorised accounts. A fraudulent personal loan of Rs 3.4 lakh was also disbursed. Multiple transactions were executed using Insta Kiosk installations and digital banking platforms, with Sakshi exploiting four customers' debit cards for ATM and internet banking usage. The proceeds were transferred to demat accounts as part of an attempted cover-up. Meanwhile, an ICICI Bank spokesperson said Friday, "The interest of our customers is of paramount importance to us. Immediately upon discovering the fraudulent activity, we filed an First Information Report with the police. We have a zero-tolerance policy against any fraudulent activity and thus suspended the employee involved. We would like to reassure that genuine claims of impacted customers have been settled. "

Beyond paddy hybrids: Basmati may just be the answer for farmers in Punjab
Beyond paddy hybrids: Basmati may just be the answer for farmers in Punjab

Time of India

time42 minutes ago

  • Time of India

Beyond paddy hybrids: Basmati may just be the answer for farmers in Punjab

1 2 Chandigarh: Basmati could emerge as a viable alternative following the recent ban on hybrid and Pusa 44 paddy varieties, despite the potential short-term challenges for farmers and seed vendors. Improved market prices in some areas might help offset farmers' concerns about the fluctuating basmati prices experienced over the last few years. Last year, the Punjab govt had imposed a ban on sale of hybrid paddy seeds due to lower rice recovery and poor milling recovery. The hybrid varieties of paddy, besides Pusa 44, gained popularity among farmers because of their early maturity and other short-term benefits. Originally allowed in the early 2000s due to wet conditions in parts of Muktsar, Malout, and Gidderbaha, the use of these seeds eventually spread across Punjab, especially Gurdaspur and Amritsar in the Majha region and Jalandhar and Hoshiarpur in Doaba. Meanwhile, in 2023-24, Punjab produced 26 lakh tonnes of basmati, which increased to 32 lakh tonnes in 202425. Due to international demand, 1121 paddy is being sold at Rs 5,000 per quintal in some areas. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Ranjit Singh Jossan, vice-president, Basmati Rice Miller and Exporter Association, said with the ban on hybrid varieties and Pusa 44, basmati rice had become a viable and sustainable option. He highlighted that basmati not only consumed significantly less water, but also fetched premium prices in both domestic and international markets. Jossan noted that basmati varieties like 1121, 1885, 1509, 1718, and 1401 were in high global demand and Punjab boasted of a strong marketing structure for basmati. "In 2023-24, Punjab produced 26 lakh tonnes of basmati, which increased to 32 lakh tonnes in 2024-25. Currently, due to strong international demand, 1121 paddy is being sold at a rate of Rs 5,000 per quintal. Looking ahead, rising demand suggests that farmers can expect even better prices. The state govt should now focus on spreading awareness among farmers and encouraging them to transition to basmati cultivation with proper guidance, seed quality control, and export support," he said. Last year, the state govt targeted a 40% increase in basmati paddy cultivation. This year, it is targeting 10 lakh hectares — a significant jump from 5.96 lakh hectares in 2023, with the state pushing for Direct Seeding of Rice (DSR) on one lakh hectare of the targeted basmati area. Basmati growers are also eligible to adopt the DSR technique and avail themselves of a financial incentive of Rs 1,500 per acre. Farmers in the basmati belt of Pathankot, Gurdaspur, Amritsar, and Tarn Taran have shown interest in adopting DSR for the PUSA 1509 variety. MSID:: 121694801 413 |

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store