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NCAER-Prosus report highlights rapid growth of India’s food delivery platform sector in FY24
Dec-19-2025

The NCAER-Prosus in its report titled 'Impact of Food Delivery Platform on the Indian Economy: GDP, Employment and Taxes' has said that India's food delivery platform sector generated Rs 1.2 lakh crore in gross output in 2023-24 and has been growing faster than the overall economy, making it a strong engine of economic growth. The report highlighted that direct employment in the sector increased from 1.08 million workers in 2021-22 to 1.37 million workers in 2023-24. This formed a 0.2 per cent share of total workers in both 2021-22 and 2023-24. It mentioned employment in the sector rose at a CAGR of 12.3 per cent between 2021-22 and 2023-24, compared to all-India CAGR of 7.9 per cent. 

In terms of multiplier effect, it stated that for production worth Rs 1 million (Rs 10 lakh) in the food delivery platform sector, it generated production worth Rs 2.05 million (Rs 25 lakh) in the entire economy in 2021-22. Similarly, for every Rs 1 million (Rs 10 lakh) of income generated in the food delivery food delivery sector, it generated Rs 2.48 million (Rs 24.8 lakh) in the entire economy in 2023-24.

Further, in terms of the tax multiplier, it said every Rs 1 million worth of production in the food delivery platform sector generated Rs 40,000 in taxes in 2023–24. As for employment, it said for production worth Rs 1 million in the food delivery platform sector, it created 3 jobs across the economy in 2023–24. Moreover, for production worth Rs 1 million in the food delivery platform sector, it generated Rs 0.7 million in the economy through consumption channels.


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