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Collaboration vs Competition
.
What is ONDC?
ONDC is an
interoperable network
based on the BeckN
protocol that anyone
can access.
It seeks to break
down silos in digital
commerce by
enabling platforms of
varying configurations
(big or small) to
connect and operate
seamlessly on it.
Credits - ONDC.org
01
How does ONDC work?
Traditional E-Commerce
system
Proposed Open
network concept
Credits - ONDC.org
02
Need for adopting ONDC?
There are several factors impending the need for adoption,
few of them are:
1. Only 7% of Indian
retail market is
contributed by digital
E-Commerce. This
low number is really
unfortunate despite
the rapid growth in
digital economy.
Credits - ONDC.org
03
Similar DPIs
There have been similar Digital Public Infrastructure (DPI)
initiatives that have seen a rapid adoption.
Credits - ONDC.org
04
Impact of ONDC
Many Investors and Entrepreneurs are very bullish with
this concept. There is an active push from the government
to make this a success as this would indeed be a
revolutionary step in the E- Commerce sector.
05
Credits - ONDC.org
Impact of ONDC
On integrating different DPIs together, ONDC could scale
up credit access and unlock a plethora of opportunities for
many MSMEs. A Projected Target market is shown below:
Credits - ONDC.org
06
Bottlenecks in adopting ONDC
Credits - ONDC.org
07
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Collaboration over Competition
There are a lot of benefits for both the stakeholders (ONDC and
Individual E-Commerce Giants) if they work together. Not only an entire
spectrum of vendors could be given an opportunity, but ONDC could
also connect remote parts of India which would have taken millions of
investment to provide service by the current players.
With synchronised
collaboration from different
stakeholders, ONDC could
&
integrate all the necessities
in one portal and could
make it a complete one
stop solution.
Credits - ONDC.org
08
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Additional Reading
• https://iitk-my.sharepoint.com/:w:/g/personal/nishanths21_iitk_ac_in/
EUdLkHkW8HNAgQaKdeEhhJ4B1TEpT6_cEtZPu74aDWjK5w?e=jZsYFW
&
09
Credits - ONDC.org