New Delhi, Jan. 13: Home goods delivery is becoming a real possibility for people in Delhi and Chennai.
In a city of over 1.3 billion, there is a thriving market for all types of goods.
It’s a boon for the people of these two cities, as delivery of goods to them is cheaper and faster.
Chennai and Delhi are currently two of the fastest growing economies in the world.
In 2020, Chennai and Delhi will account for over two-thirds of India’s total exports.
“Home delivery has emerged as a real opportunity for people of Delhi and Tamil Nadu as there is an emerging middle class in these two states.
With a rapidly expanding middle class, home delivery is a natural and easy solution for the residents of these cities,” said Maitra Narasimha Rao, President of National Bank of India (NBI).
“We are seeing a huge increase in the number of people going for home delivery.
With the growth of the middle class and the growing number of delivery businesses, home deliveries will be a part of their daily routine,” Rao added.
The first Indian home delivery service was launched in Tamil Nadu by Indias largest home delivery company, IndiExpress, in August 2017.
In the year since, home goods deliveries have become a common sight in the Chennai-Thiruvananthapuram region.
According to an official, there are now over 50,000 deliveries every day in the two cities.
The delivery of the home goods, such as washing machines, was also one of the main reasons for the rise in the middle classes.
Rao said that the home delivery business is not only growing, but it is also growing fast.
“With the increase in middle class population, the demand for home deliveries has increased.
We have seen a huge growth in the demand,” he said.
The demand for domestic delivery is also higher in the southern state of Tamil Nadu.
In the past, there were only two delivery companies operating in the region.
Now, there have been three companies operating across the region with their offices in Chennai, Hyderabad and Kannur.
Rao said that, the growth is the result of the availability of skilled manpower and quality of services.
The home delivery businesses are not only taking advantage of the fact that there is more space available, but also due to the rising demand, the companies are also providing a good quality product.
“There are some small shops that have a low quality product but are also profitable.
They earn a lot of money from their sales,” Rao said.
Home delivery is one of a number of services offered by the NBI.
Apart from the home deliveries, the RBI has also taken up the issue of the creation of an e-wallet that can be used for home goods and delivery.
First, it is launching a portal for users to use their smartphones for home-delivery.
It will provide a link to the nearest home delivery facility.
Next, the NBS is working on the creation and delivery of a home delivery app for mobile phones.
In addition, NBI has launched a new service that will be available to all home delivery companies to help them in their work.
Besides the home services, the central bank has also started a pilot scheme for e-wallets.
The pilot scheme will allow customers to deposit Rs 5,000 into an e bank account.
Once the money is deposited, the e bank will issue an account for home sales.
Home delivery firms in the country are also being asked to use the mobile app to find suitable sellers for their home products.
One of the reasons behind the increase is the emergence of a large number of consumers, especially in rural areas.
Home delivery is another way of getting around the rural-urban divide.
Since the launch of the online e-commerce platform, Flipkart, in the city of Bengaluru, in 2017, there has been an increase in demand for deliveries.
One of Indias largest e-retailers, Flipks parent company, has also been making efforts to create home delivery services in the cities of Bengal, Delhi and Hyderabad.