Indian-origin US CEO compares India’s 10-min delivery to US’ self-driving cars
The world is witnessing a significant shift in the way businesses operate, and the logistics industry is no exception. With the rise of e-commerce and the increasing demand for faster delivery, companies are pushing the boundaries to provide the best possible service to their customers. In a recent incident, Varuni Sarwal, the Indian-origin CEO of US-based AI-healthcare company TriFetch, was left impressed by the speed of delivery in India, particularly the 10-minute delivery service offered by Blinkit.
Sarwal, who was in Ranchi to attend a wedding, found herself in a predicament when she realized she had forgotten to buy an outfit for the occasion. However, she was able to order one from Blinkit and received it in just 15 minutes. This experience left her amazed, and she took to social media to express her admiration for the speed of delivery in India. “San Francisco has self-driving cars. India has 10-minute everything. I’m not sure which is more impressive,” she said.
Sarwal’s statement highlights the significant difference in the way logistics operate in India compared to the US. While the US is known for its advancements in technology, including self-driving cars, India has made tremendous progress in the field of logistics, particularly in the B2C (business-to-consumer) segment. The country’s e-commerce industry has witnessed exponential growth in recent years, driven by the increasing demand for online shopping and the rise of digital payments.
The 10-minute delivery service offered by Blinkit is a testament to the innovative solutions being developed by Indian companies to cater to the changing needs of consumers. Blinkit, which was formerly known as Grofers, is a popular e-commerce platform that offers a wide range of products, including groceries, electronics, and clothing. The company’s 10-minute delivery service is made possible by its extensive network of dark stores, which are essentially small warehouses that store products in close proximity to customers.
Sarwal’s experience with Blinkit is not an isolated incident. Many customers in India have benefited from the company’s fast delivery service, which has set a new benchmark for the logistics industry. The success of Blinkit and other e-commerce companies in India can be attributed to the country’s large and growing middle class, which is driving demand for online shopping.
According to Sarwal, “India is living in 2030 for B2C logistics.” Her statement suggests that India has made significant progress in the field of logistics, and the country’s e-commerce industry is ahead of the curve. The development of innovative solutions such as 10-minute delivery has enabled Indian companies to stay ahead of the competition and provide customers with a unique shopping experience.
The growth of the e-commerce industry in India has also created new opportunities for employment and entrepreneurship. Many small and medium-sized enterprises (SMEs) have benefited from the rise of e-commerce, as they are able to reach a wider audience and expand their customer base. The development of logistics infrastructure, including warehouses, transportation networks, and delivery systems, has also created new job opportunities in the sector.
In addition to Blinkit, other e-commerce companies in India, such as Zomato, Swiggy, and Dunzo, are also offering fast delivery services to their customers. These companies have invested heavily in developing their logistics infrastructure, including the use of technology such as artificial intelligence (AI) and machine learning (ML) to optimize their delivery networks.
The success of India’s e-commerce industry has not gone unnoticed, and the country has become a hub for innovation and entrepreneurship. Many foreign companies, including Amazon and Walmart, have invested heavily in the Indian market, and the country is expected to continue to attract significant investment in the coming years.
In conclusion, Varuni Sarwal’s experience with Blinkit highlights the significant progress made by India’s logistics industry, particularly in the B2C segment. The country’s e-commerce industry has witnessed exponential growth in recent years, driven by the increasing demand for online shopping and the rise of digital payments. The development of innovative solutions such as 10-minute delivery has enabled Indian companies to stay ahead of the competition and provide customers with a unique shopping experience.
As Sarwal noted, “India is living in 2030 for B2C logistics.” The country’s logistics industry is expected to continue to evolve and grow in the coming years, driven by the increasing demand for fast and reliable delivery. With its innovative solutions and extensive network of logistics infrastructure, India is well-positioned to become a hub for e-commerce and logistics in the region.