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Exploring the Future of E-commerce with ONDC
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Pradeephtml
Ongoing, First published Oct 29, 2024
ondcondcappondcappsondcnetworkopennetworkfordigitalcommerceplatform
What is ONDC 
Open Network for Digital Commerce (ONDC) is a government-initiated assignment designed to convert the e-commerce panorama in India.  

This initiative seeks to create an open, unified virtual community for small companies, nearby shops, and firms to conduct transactions on-line. 

By allowing sellers to connect without delay with purchasers throughout various structures, Open Network for Digital Commerce ambitions to provide a greater inclusive and competitive virtual market. 
Is ONDC Government-Owned?  

Yes, it is a central authority-led initiative. Launched by way of the Government of India beneath the Ministry of Commerce and Industry, it changed into set up to democratize virtual trade. The number one goal is to reduce the dominance of massive e-trade agencies and ensure a degree playing area for small and medium-sized corporations. 

How Will ONDC Work?  
It is not a platform, however, a community that links extraordinary digital systems. It permits sellers to sign up for their merchandise on any Open network for digital commerce platform, enabling purchasers to get admission to these products through all these incorporated apps. 

The open network layout ensures that dealers do now not want to rely on an unmarried platform, increasing their attain across more than one structures without having to sign up for each one in my opinion.
All Rights Reserved
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