CSC invests in ONDC to promote e-commerce and logistics in rural India

Open Network for Digital Commerce (ONDC) is an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry and is based on open protocol.

ETtech
Chennai: Common Services Centers under the Ministry of Electronics & IT (MeitY), on Tuesday said it has invested in the Open Network for Digital Commerce (ONDC) to promote e-commerce and logistics in rural areas.

“It is for the first time that CSC has invested in an initiative like this. ONDC will democratise digital commerce by moving to an open network. With the CSC Grameen eStore being integrated with ONDC, companies can look towards reaching out to the rural market through the network of over 3 lakh Grameen eStores across the country. The partnership will also generate employment opportunities for rural youth by enabling a last mile logistics network,” Dinesh Tyagi, MD, CSC SPV, said in a statement.

Open Network for Digital Commerce (ONDC) is an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry and is based on open protocol. It will enable buyers and sellers across segments, such as mobility, grocery, food order and delivery, hotel booking and travel, to be visible and transact. The platform aims to create new opportunities for micro, small and medium enterprises and small traders by helping them get on online platforms.

Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Tech › Tech & Internet › CSC invests in ONDC to promote e-commerce and logistics in rural India
Text Size:AAA
Success
This article has been saved

*

+