Indian-origin US CEO compares India’s 10-min delivery to US’ self-driving cars
The world is witnessing a rapid transformation in the way businesses operate, and India is at the forefront of this revolution. The country’s e-commerce and logistics sector has been growing at an unprecedented rate, with companies like Blinkit, Dunzo, and Swiggy leading the charge. Recently, Varuni Sarwal, the Indian-origin CEO of US-based AI-healthcare company TriFetch, shared her fascinating experience with India’s super-fast delivery services. Sarwal, who was in Ranchi to attend a wedding, was amazed by the swift delivery of an outfit she had ordered from Blinkit, receiving it in just 15 minutes.
Sarwal’s experience is a testament to the incredible progress India has made in the field of B2C logistics. “San Francisco has self-driving cars. India has 10-minute everything. I’m not sure which is more impressive,” she said, highlighting the stark contrast between the two countries. While the US is focusing on developing autonomous vehicles, India is revolutionizing the way goods are delivered to consumers. “India is living in 2030 for B2C logistics,” Sarwal added, emphasizing the country’s futuristic approach to logistics and supply chain management.
The rise of quick-commerce platforms in India has transformed the way people shop and receive their products. With the likes of Blinkit, Dunzo, and Zepto, consumers can now get their daily essentials, groceries, and even clothing delivered to their doorstep in under an hour. This shift has not only changed the way businesses operate but also created new opportunities for entrepreneurs, small businesses, and individuals to participate in the digital economy.
Sarwal’s statement also underscores the significance of India’s demographic dividend. With a large and young population, India has a significant advantage when it comes to adopting new technologies and innovative business models. The country’s thriving startup ecosystem, coupled with the government’s supportive policies and initiatives, has created a fertile ground for entrepreneurs to experiment and disrupt traditional industries.
The Indian logistics and supply chain industry is expected to grow exponentially in the coming years, driven by the increasing demand for e-commerce and quick-commerce services. According to a report by ResearchAndMarkets.com, the Indian logistics market is projected to reach $365 billion by 2025, growing at a CAGR of 10.5% from 2020 to 2025. This growth will be fueled by the rising demand for same-day and instant delivery, as well as the increasing adoption of digital technologies such as artificial intelligence, blockchain, and the Internet of Things (IoT).
Moreover, the Indian government’s initiatives, such as the National Logistics Policy and the Production Linked Incentive (PLI) scheme, are expected to further boost the growth of the logistics sector. The government’s focus on improving infrastructure, streamlining regulatory frameworks, and promoting investment in the sector will help create a more efficient and competitive logistics industry.
Sarwal’s comparison between India’s 10-minute delivery and the US’ self-driving cars also highlights the difference in priorities between the two countries. While the US is focusing on developing cutting-edge technologies like autonomous vehicles, India is prioritizing the development of practical and impactful solutions that can improve the lives of its citizens. This approach is reflective of India’s unique strengths and challenges, and its ability to innovate and adapt to the needs of its people.
In conclusion, Varuni Sarwal’s experience with India’s super-fast delivery services is a testament to the country’s remarkable progress in the field of B2C logistics. As India continues to grow and evolve, it is likely that we will see even more innovative solutions emerge in the logistics and supply chain space. With its unique strengths and challenges, India is poised to become a global leader in the logistics industry, and its story is one that will inspire and motivate entrepreneurs, businesses, and governments around the world.
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