Suspense Crime Sach Ka Dam
With the advent of quick commerce companies like Zepto, Blinkit, and Big Basket, the lives of people living in cities have become much easier. Now people do not need to take time to go to shops for most of the things used in everyday life and in a few minutes your goods are delivered directly to your door.
Quick commerce companies have become a big challenge for small retailers
While on the one hand, quick commerce companies have made the lives of common people much easier, on the other hand, these companies have created a big crisis for the livelihood of small shopkeepers. Kotak Mahindra Bank founder Uday Kotak is also well aware of the concerns of such shopkeepers.
Quick commerce companies will become a political issue in the coming times
He said on Thursday that the success of quick commerce business has become a challenge for retail shopkeepers and it will also become a political issue. Uday Kotak also encouraged the Indian business sector to become more competitive in “free and fair trade”.
The quick service model has not been very successful in many parts of the world.
Let us tell you that Swiggy, which is associated with quick commerce business, was listed in the stock market on Wednesday. Uday Kotak, the current non-executive director of Kotak Mahindra Bank, said that India is a unique country in the world, where quick commerce services have been successful, while this model has not been as effective in other parts of the world.
Indian businesses should be advised to focus on product and creativity
Uday Kotak said that this is a positive sign that Indian innovation is working at the grassroots level and that some of the value creation is true and sustainable. Uday Kotak advised Indian businesses to focus on product and creativity.
