India's Food Delivery Sector Booms: ₹1.2 Lakh Crore Output, Drives Massive Job Growth

• India's food delivery sector generated ₹1.2 lakh crore gross output in FY24, expanding faster than the overall economy.
• Direct employment surged to 1.37 million workers in FY24, growing at a CAGR of 12.3% from 2021-22.
• The sector exhibits strong multiplier effects, generating ₹2.48 million in income and 3 jobs for every ₹1 million generated within the sector.
• Restaurants benefit significantly, with 59% reporting expanded customer reach and revenue share from platforms increasing from 22% to 29%.
• The NCAER-Prosus report highlights the sector as a powerful economic engine contributing to GDP, employment, and taxes.

Why It Matters: India's food delivery sector is a rapidly growing economic engine, generating significant output, jobs, and income.