How ONDC Can Transform India?

How ONDC Can Transform India?

Manish Mehta

Guide: Gauri Ansurkar

Keraleeya Samajam’s Model College, Dombivli (East), Kanchangaon, Maharashtra

Abstract

The Open Network for Digital Commerce (ONDC) is a standardized and interoperable platform for local commerce in India. This research paper examines the potential impact of ONDC on the e-commerce industry in India. The paper explores how ONDC's open protocol and interoperability with various applications can revolutionize the e-commerce landscape in India. The research paper also identifies challenges that may arise during the implementation of ONDC and suggests solutions to address them.

The e-commerce industry in India has witnessed exponential growth in recent years, but challenges remain, such as the lack of standardization and interoperability between different platforms and applications. ONDC aims to address these challenges by creating an open network that enables seamless interoperability between different applications and reduces transaction costs. The potential benefits of ONDC's implementation include improved access to local commerce, increased transparency, and enhanced security. However, challenges such as the need for standardized APIs and a robust infrastructure to support the network must be addressed.

In conclusion, this research paper provides insights into how ONDC can revolutionize the e-commerce industry in India and suggests avenues for future research. It emphasizes the importance of collaboration and cooperation among different players in the industry to ensure the successful implementation of ONDC.