A Sectoral Perspective of Digital Transformation of India by Open Network for Digital Commerce (ONDC)

Abstract: Digital Public Infrastructure (DPI) has resulted in a change at the population level. Inclusion is the main aim of the DPI. The ONDC serves as a Digital Public Infrastructure for online businesses. The traditional system of Digital Commerce is dominated by a closed network, wherein network participants can interact only in a constrained environment. A closed network limits access, as opposed to an Open network. It remains expensive for small business owners and establishes a confined environment for Data exchange and communication. The goal of the ONDC is to remove this restriction and to create a free environment. The study’s main objective is to look at the prospects that ONDC offers in India's numerous economic sectors. The study uses secondary data. The study's findings, viewed through a sectoral lens, demonstrate ONDC's potential to transform a number of industries, including food delivery and mobility. ONDC has the potential to revolutionize the way different sectors interact with businesses and consumers by fostering interoperability, transparency, and inclusivity. ONDC creates the foundation for a more vibrant and open ecosystem by promoting innovation and inclusivity. ONDC is providing different opportunities to various sectors, and it is continuously evolving.

Open Network, Decentralization, Inclusivity, Sectors, ONDC, Digital Commerce

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