Publication - The New Indian Express
Edition - Online
Open Network for Digital Commerce (ONDC), the government-backed interoperable e-commerce network, on Monday announced the launch of business-to-business (B2B) trade on its platform. With this, the merchants will be able to engage directly with other businesses in wholesale trade. According to the statement issued by ONDC, its network offers a much-needed solution in today’s time when there is limited credit access, high logistics costs and thin profit margins. “By fostering seamless connectivity and digital transformation, ONDC empowers businesses to overcome these hurdles and embrace the advantages of B2B commerce. Leveraging the open network, businesses can expand their reach, forge new partnerships and tap into previously untapped markets,” the release said.
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The New Indian Express
