Future of E-Commerce: ONDC & it's application

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Is the ONDC initiative a next big thing in India?

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What is ONDC? ONDC (Open Network for Digital Commerce) is a Department of Industry and International Trade Initiative under the Ministry of Indian Commerce.

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News ONDC is a non-profit organisation incorporated under section-8 to provide a platform for all participants in the E-commerce business.

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News I ONDC is a common platform to serve the supply value chain, logistics, and operations for global suppliers.

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News ONDC will contribute largely to the e-commerce industry and help create an open network between suppliers and consumers in the market.

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When will it start? The pilot ONDC was launched on 29th April 2022 in five selected cities in India, respectfully - Bangaluru, Coimbatore, and Shillong as the cities of Delhi Nation Capital.

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What is the Role of Buyer apps on the ONDC network? The buyer apps are responsible for account registration on the platform, product searches, order confirmation, and special offers.

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Conclusion The ONDC initiative is a staggering way to revolutionise the Indian e-commerce space by removing the duopoly of Flipkart and Amazon.

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Conclusion This initiative is proceeded without favouring the retail e-commerce giants due to capital and R&D investments made in those sector.

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