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 the logistics industry is no exception. The rise of e-commerce has led to a significant increase in demand for fast and reliable delivery services. In India, the concept of 10-minute delivery has become a reality, with companies like Blinkit and others offering ultra-fast delivery options to their customers. Recently, an Indian-origin US CEO, Varuni Sarwal, who is the CEO of US-based AI-healthcare company TriFetch, shared her experience of using Blinkit’s services in India, and her reaction is worth noting.
Sarwal was in Ranchi to attend a wedding and had forgotten to buy an outfit for the occasion. She decided to order one from Blinkit, and to her surprise, she received it in just 15 minutes. This experience left her impressed, and she took to social media to express her admiration for India’s logistics industry. “San Francisco has self-driving cars. India has 10-minute everything. I’m not sure which is more impressive,” she said. This statement highlights the rapid progress India has made in the logistics sector, particularly in the area of last-mile delivery.
Sarwal’s comment also underscores the fact that India is ahead of the curve when it comes to B2C logistics. “India is living in 2030 for B2C logistics,” she added. This statement is not an exaggeration, considering the fact that companies like Blinkit, Dunzo, and Swiggy are already offering 10-15 minute delivery options in several cities across India. The infrastructure and technology required to support such fast delivery options are already in place, and it’s only a matter of time before this becomes the norm across the country.
The rise of 10-minute delivery in India can be attributed to several factors, including the growing demand for online shopping, the increasing presence of e-commerce companies, and the improvement in logistics infrastructure. Companies like Blinkit have invested heavily in building a robust logistics network, which enables them to offer fast and reliable delivery options to their customers. The use of technology, such as AI and data analytics, has also played a crucial role in optimizing delivery routes and reducing delivery times.
The impact of 10-minute delivery on the Indian economy cannot be overstated. It has created new job opportunities, both directly and indirectly, and has also contributed to the growth of the e-commerce industry. According to a report by RedSeer Consulting, the Indian e-commerce market is expected to reach $150 billion by 2025, with the grocery segment alone expected to reach $20 billion. The growth of 10-minute delivery is expected to play a significant role in achieving this target.
However, the rise of 10-minute delivery also raises several concerns, including the impact on traffic congestion, air pollution, and the well-being of delivery personnel. Companies like Blinkit and others need to ensure that their operations are sustainable and do not harm the environment or the people involved in the delivery process. This can be achieved by investing in electric vehicles, optimizing delivery routes, and providing adequate compensation and benefits to delivery personnel.
In conclusion, the experience of Varuni Sarwal, the Indian-origin US CEO, highlights the impressive progress India has made in the logistics sector, particularly in the area of last-mile delivery. The rise of 10-minute delivery in India is a testament to the country’s ability to adapt to new technologies and innovate in the face of challenges. As the e-commerce industry continues to grow, it’s likely that 10-minute delivery will become the norm across the country, and India will continue to be a leader in the logistics sector.
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