ONDC stands for Open Network for Digital Commerce. It's a revolutionary initiative aimed at democratizing e-commerce in India. Led by the Department for Promotion of Industry Internal Trade (DPIIT) under the Ministry of Commerce, ONDC aims to
Boost the percentage of online shoppers in India to 25% by 2025.
Onboard 30 million sellers and connect 300 million shoppers by the end of 2024.
Provide a platform for small businesses and local sellers to compete with larger players.
Allows businesses to connect with each other regardless of their technology platforms or size
Empowers small businesses and local sellers to participate in the digital economy
Offers consumers a wider range of products and services at competitive prices