23/06/2022 07:28 (UTC)

India hopes to break down monopoly with project that democratizes e-commerce network

New Delhi, Jun 23 (EFE).- India hopes to break the monopoly of multinationals and transform the landscape of the rapidly expanding e-commerce industry with an initiative that would show goods of neighborhood stores alongside those from bigger retailers on shopping apps.

The Open Network for Digital Commerce (ONDC) plan will swap out the conventional idea of an intermediary-run network with a system that is accessible to consumers, independent vendors, and distributors. (Camera: HUGO BARCIA).

B-ROLL OF THE MARKET IN NEW DELHI, INDIA.

SOUND BITES: T. KOSHY, PROJECT CEO OF THE OPEN NETWORK FOR DIGITAL COMMERCE (ONDC); AND ANIL AGRAWAL, ADDITIONAL SECRETARY MINISTRY OF COMMERCE (IN ENGLISH).

Metadata

Date: 23/06/2022 12:00 (UTC)
Credit: EFE
Source: EFE
Topic: Economy, business and finance » Consumer goods
Type: Rough cut
Duration: 171 seconds
Reference: 7001178211
Relevance: Normal