India’s food delivery sector poised for double-digit growth as tier-2 adoption and frequency rise: Report
India's online food delivery market is entering its next growth phase, driven less by new user acquisition and more by rising order frequency, expanding Tier-2+ penetration and steady average order value (AOV) expansion, according to Investec Equities. The sector is expected to scale from $9.1 billion in 2024 to nearly $27 billion by 2030, growing at a 19 per cent…
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