City
Epaper

ONDC network monthly orders hit a record 12 million in July

By ANI | Updated: August 5, 2024 18:15 IST

New Delhi [India], August 5 : The Open Network for Digital Commerce (ONDC) achieved a milestone in July 2024, ...

Open in App

New Delhi [India], August 5 : The Open Network for Digital Commerce (ONDC) achieved a milestone in July 2024, with a record-breaking 12 million orders processed across its platform. The Network saw an unprecedented daily average of 430,000 orders, underscoring its rapid growth and expanding reach.

As of July, the ONDC Network boasts over 638,000 sellers and service providers, operating in more than 609 cities and delivering to a total of 1,200 cities nationwide. The impressive volume of transactions highlights the Network's increasing popularity and effectiveness in catering to a diverse range of consumer needs.

The total of 12 million orders in July was divided between the mobility and non-mobility sectors. The mobility domain contributed 4.4 million orders, while the non-mobility sector accounted for 7.6 million orders. Within the non-mobility category, the food and beverages segment led with 1.7 million transactions.

The grocery sector followed with 1.4 million transactions, and the fashion segment saw 0.6 million transactions. The remaining 4 million orders were spread across on-network logistics, beauty and personal care, home and kitchen, and retail vouchers.

In the food and beverages sector alone, ONDC captured an impressive 18 per cent market share in Bengaluru and 3 per cent nationally, demonstrating strong adoption in key metropolitan areas. Additionally, July marked the introduction of the auto components and accessories category on the Network, featuring notable sellers such as Ess Aay Automotive (Hero Genuine).

The ONDC Network's growth is not limited to order volume; it continues to expand its operational scope. The Network now encompasses 10 domains with 108 active participants, illustrating its broadening influence across various segments of digital commerce.

Looking ahead, the ONDC Network is gearing up for the Swantantra Sale, which promises attractive offers and promotions for consumers. This upcoming sale aims to further drive engagement and showcase the Network's diverse range of products and services.

Incorporated on December 31, 2021, ONDC is a Section 8 company under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India. It is designed to revolutionize digital commerce in India by promoting an open, unbundled, and interoperable network model.

ONDC is not an application or platform but a set of specifications intended to foster a more inclusive and accessible e-commerce environment.

ONDC represents a significant advancement in India's digital infrastructure, offering a framework for open source networks to facilitate the exchange of goods and services online. As it continues to evolve, ONDC is poised to play a pivotal role in shaping the future of digital commerce globally.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalTwo Maoist leaders surrender before Telangana DGP

NationalMP CM announces new board for 200,000 new jobs, unified exam

Other SportsDiya Chitale and Manush Shah make history, become first Indians to qualify for prestigious WTT Finals

EntertainmentNehal Chudasama shares why she thinks Amaal Mallik is ‘dual-faced’ on Bigg Boss 19

NationalElection Commission must clear mist over SIR, says Punjab CM

Business Realted Stories

BusinessAdani Total Gas clocks 19 pc growth in revenue from operations in Q2, volume up 16 pc

BusinessTVS Motor registers 29% revenue growth and posts highest ever sales, revenue and profits in Q2FY26

BusinessIndian aviation industry to incur net losses up to Rs 105 billion in FY26: ICRA

BusinessPM Modi Recognizes Content Creator Yash Salunke for Promoting Sanskrit on Social Media

BusinessDholera’s Akhilam Township by GAP Group Secures Key Environmental Approval