STREAMLINING OF HYPERLOCAL DELIVERY
Commercial Vehicle|April 2023
Hyperlocal delivery is growing rapidly. Ratheesh D, Director at CABT Logistics shares trends that will define its future.
Ratheesh D,
STREAMLINING OF HYPERLOCAL DELIVERY

Gaining prominence, especially after the pandemic, the Indian hyper-local industry is growing at an unprecedented pace. Augmented by the necessity to maintain isolation and distance, hyper-local is what helped people stay connected, access essential and nonessential goods and eased lives for a majority of people, This was especially true for the metro cities and now the trend is taking a route to tier 2 cities as well. The Covid crisis impacted lives around the globe pushing us to re-look at our delivery systems and re-organise the way the commerce market operates. With multiple lockdowns, border closures, and restricted movement, consumers found solace in hyper-local delivery. Recognising the huge potential of this segment, businesses are now investing heavily in this industry and ensuring that logistics streamlines hyper-local.

Even the consumer today expects swift and convenient deliveries. Used to rapid doorstep deliveries, at their chosen time and more often than not, in the shortest period possible. Consumers are now accustomed to hyper-local for not just groceries and other lifestyle products but also healthcare products. In cognisance of the same, an array of hyper-local delivery apps has also taken the nation by storm. The adoption of the hyper-local model in our daily lives has now become the need of the hour. Hyper-local is Industry agnostic and therefore has wide application. This includes pharmaceuticals, food, groceries, fashion and lifestyle etc. Industry giants like Zomato, Swiggy, Dunzo etc have pioneered this sector. Now a lot of startups are also experimenting and adopting hyper-local modules.

This story is from the April 2023 edition of Commercial Vehicle.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the April 2023 edition of Commercial Vehicle.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM COMMERCIAL VEHICLEView All
Tesla Robotaxi plans face scrutiny
Commercial Vehicle

Tesla Robotaxi plans face scrutiny

Tesla’s investors are set to question CEO Elon Musk on the company’s robotaxi plans during its quarterly earnings report, after a hyped reveal without key details led to a dip in shares.

time-read
1 min  |
October 2024
Open Telematics software
Commercial Vehicle

Open Telematics software

Cummins has partnered with Bosch Global Software and KPIT to launch Eclipse CANought, an open-source project for commercial vehicle telematics under the Eclipse Software Defined Vehicle initiative.

time-read
1 min  |
October 2024
SML Isuzu Annual Dealer Conference 2024
Commercial Vehicle

SML Isuzu Annual Dealer Conference 2024

From 13th to 17th September 2024, SML Isuzu Ltd hosted its Annual Dealer Conference in Dubai. The event brought together 70 pan-India domestic and Internal dealers, creating a platform for strategic discussions and unveiling the Annual Operating Plan (AOP).

time-read
1 min  |
October 2024
District Version of PMGatiShakti National Master Plan for 27 aspirational districts
Commercial Vehicle

District Version of PMGatiShakti National Master Plan for 27 aspirational districts

Union Minister of Commerce and Industry, Piyush Goyal, launched the district version of the PM GatiShakti National Master Plan for 27 aspirational districts, marking the third anniversary of the PM GatiShakti initiative.

time-read
2 mins  |
October 2024
The Best Of Automechanika Frankfurt 24
Commercial Vehicle

The Best Of Automechanika Frankfurt 24

The 27th edition of Automechanika Frankfurt got underway, marking the return of the largest B2B aftermarket trade fair for the global automotive industry, writes Ashish Bhatia.

time-read
5 mins  |
October 2024
64th SIAM Annual Convention
Commercial Vehicle

64th SIAM Annual Convention

The 64th SIAM Annual Convention focused on mobility strategies for advancing the industry. The eyes are on a sustainable future by 2047, writes Richa Tyagi.

time-read
7 mins  |
October 2024
Commercial Playsets
Commercial Vehicle

Commercial Playsets

Even as the Indian automobile industry touches new heights and innovations, it is the commercial mobility play sets that continue to be a major draw. It is a good starting point for the next generation, writes Prajakta Chavan Rane from her plant sojourn.

time-read
7 mins  |
October 2024
Transforming India's Roads - The Urgent Need For Commercial Vehicle
Commercial Vehicle

Transforming India's Roads - The Urgent Need For Commercial Vehicle

The CV sector, a cornerstone of India's economy plays a pivotal role in driving growth and serving as the backbone of the logistics industry, writes Chidambaram Balaji, Regional Product Line Leader (India) Chassis Control, ZF India.

time-read
3 mins  |
October 2024
NAGPUR-MUMBAI SAMRUDDHI EXPRESSWAY FOR TRANSPORTERS
Commercial Vehicle

NAGPUR-MUMBAI SAMRUDDHI EXPRESSWAY FOR TRANSPORTERS

The Nagpur-Mumbai Samruddhi Expressway, a transformative project in Maharashtra, promises to enhance connectivity and spur economic growth. Upendra Kasbekar checks the on ground progress.

time-read
6 mins  |
October 2024
Elevating Customer Value Proposition
Commercial Vehicle

Elevating Customer Value Proposition

Guru Ram Das Body Builders has significantly evolved to enhance the customer value proposition. It has adeptly adjusted to the changing commercial vehicle market, writes Ashish Bhatia.

time-read
7 mins  |
October 2024