Commerce and Industry Minister Piyush Goyal on Tuesday invited all large and small retailers to be a part of the government-promoted Open Network for Digital Commerce (ONDC), as it might assist in creating large alternatives for everyone.
ONDC goals to promote an open platform for all facets of e-commerce retail. It would assist small retailers develop their enterprise by way of e-commerce medium and scale back the dominance of giants within the sector.
It is a non-profit firm, which is formulating a set of requirements for voluntary adoption by sellers or logistics suppliers or funds gateway operators.
ONDC would require an endeavor from every participant on the time of onboarding that it’ll adjust to the coverage in its entirety.
“The Walmarts and Flipkarts of the world the Tatas, and Reliances of the world, everybody has a role in making ONDC a success. So, we would like to invite everybody to be part of this journey in a free and fair manner and nobody will be discriminated against. It is open to all. ONDC is open for business,” Goyal mentioned right here at a operate.
The trade ministry and the buyer affairs ministry are working collectively to be sure that the grievances of shoppers are addressed.
“We are making sure that this platform remains absolutely agnostic to any influence,” Goyal mentioned, including the platform would enable the e-commerce sector to flourish with out damaging a big part of stakeholders and small retailers.
It would enable small retailers to take part on this journey of latest applied sciences and new methods of doing enterprise.
“ONDC threatens nobody. Even big e-commerce is not threatened. It only unlocks and opens the doors of opportunity,” he added.
The platform, he mentioned, is utilizing a system of making an inter-operable community, permitting completely different platforms to collaborate and create an interface to assist the patrons and sellers.
“ONDC will be the transformational e-commerce platform not just in India but across the world, in the years to come,” he mentioned.
On the general public procurement portal GeM, he mentioned, it has saved Rs. 40,000 crore taxpayers’ cash.
