Food Delivery Platforms Double Economic Footprint, Outpace India's GDP Growth

Business
M
Moneycontrol•18-12-2025, 18:55
Food Delivery Platforms Double Economic Footprint, Outpace India's GDP Growth
- •Food delivery sector's economic footprint nearly doubled in two years, outpacing India's GDP growth.
- •Generated Rs 1.2 trillion in Gross Value of Output (GVO) in FY24, up from Rs 612.7 billion in FY22.
- •Gross Value Added (GVA) reached Rs 475.9 billion in FY24, growing at 16.9% CAGR, twice the national output growth.
- •Employment rose to 1.37 million workers by FY24, with each direct job creating 2.7 indirect jobs.
- •The sector is now a structurally significant part of India's services economy, with strong spillover effects.
Why It Matters: Food delivery platforms are a major economic engine in India, rapidly growing and creating significant jobs.
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