Blinkit, the quick commerce service owned by Zomato, has launched in Jammu with three new stores aimed at meeting the rising demand for fast deliveries. The company made the announcement on Sunday, marking its expansion into the region.
Details of New Stores in Jammu
The new Blinkit stores are located in Trikuta Nagar, Roop Nagar, and Akhnoor Road. According to Blinkit’s Founder and CEO Albinder Dhindsa, the Trikuta Nagar store will serve surrounding areas like Preet Nagar and Railhead Road, while the Roop Nagar outlet will cover Durga Nagar and Bhawaninagar. The Akhnoor Road location will cater to Shakti Nagar and Rehari Colony.
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“We’re thrilled to bring quick and reliable delivery services to Jammu,” Dhindsa said in a LinkedIn post, expressing excitement over the company’s latest expansion. The move sees Blinkit stepping up its competition with other quick commerce giants like Zepto and Swiggy Instamart, all of which are vying for dominance in the fast-growing Indian market.
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A Growing Market
India’s quick commerce sector is currently valued at $3.34 billion and is expected to skyrocket to $9.95 billion by 2029, growing at a rate of more than 4.5% annually. However, despite this rapid expansion, the sector has only captured about 7% of its potential market, which is estimated to be worth $45 billion. This reveals ample opportunity for further growth and development in the industry.
