ONDC-based e-commerce applications likely in the next two years – Business Standard

ONDC-based e-commerce applications likely in the next two years – Business Standard

The Centre expects a multitude of localised e-commerce applications in Indian languages — coming up in the next two years using the Open Network for Digital Commerce (ONDC) architecture — to standardise on-boarding of retailers on digital commerce platforms, thus curbing e-commerce monopolies.

ONDC, pioneered by the Department for Promotion of Industry and Internal Trade (DPIIT), aims to go beyond the current digital commerce model. It will allow the buyer and seller to do business irrespective of the platforms they use. “To implement any project, it takes three …

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Source: https://www.business-standard.com/article/economy-policy/ondc-based-e-commerce-applications-likely-in-the-next-two-years-121122500076_1.html

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