A workshop for familiarising Open Network for Digital Commerce (ONDC) was organised by JKTPO at Convention Centre, Jammu on 2nd September 2022.Open Network for Digital Commerce (ONDC) is an initiative aimed at promoting open networks for all aspects related to exchange of goods and services over digital or electronic networks.
ONDC is being established as a first-of-its-kind initiative globally to pave the way for reimagining digital commerce in India and establishing a globally replicable model for digital commerce. This will be an open network with established registries, enabling wide-scale participation by digital commerce ecosystem players in India through multiple gateways.
On boarding of stakeholders also initiated with the workshop which enables J&K to take lead among other states/UT’s to be part of digital revolution with access to market linkages for sellers of J&K all over India.Managing Director, JKTPO, Khalid Jahangir said – Trade through E-Commerce is going at a rapid pace due to internet and mobile penetration and provides enormous opportunities of growth.
He further said that the products of Jammu and Kashmir can reach not only national markets but even international markets, adding that as per report, “the transaction taking place on e-commerce would reach by USD $350 Billion in India, thus for next decade opportunity lies in e-commerce.
This workshop is the first step to give an exposure to the small entrepreneurs, E-Commerce Companies, Logistic Companies, Retailers, Artisans and FPOs of the Union Territory in promoting the business through e-commerce platforms. Through ONDC they will be able to expand in new markets, their products may be displayed on Network Partners of ONDC which will increase the visibility of their products.
He further added that ONDC will enable local commerce across segments like Grocery, food, Hotel booking, Mobility etc. The Platform aims to create new opportunities, curb digital monopolies in eCommerce sector led by Flipkart, Amazon etc.
The workshop was led by Shireesh Joshi, Chief Business Officer ONDC. He said “ONDC aims to increase the number of sellers in e-commerce platform to 20 Lakhs and consumers to 20 crores in next 5 years.” He explained every aspect of ONDC along with process of on boarding on the same.
The participants were given the opportunity to interact with the ONDC team and their partners during which open and frank brainstorming relating to various aspects of E-Commerce was done. The workshop was attended by women entrepreneurs, small entrepreneurs, E-Commerce Companies, Logistic Companies, Retailers, Artisans, FPOs and Industry Association of UT. ONDC network partners viz. Mystore, eSamudaay, GOFRUAL Technologies, uEngage & NowFloats were also present in the workshop.
The similar workshop of ONDC will also be held in Srinagar on 5th September, 2022 for stakeholders of Kashmir Division.