Snapdeal, one of India’s leading e-commerce platforms, has partnered with the National Small Industries Corporation (NSIC) to enable order processing through the One Nation One Digital Platform (ONDC). The partnership is aimed at providing a seamless and efficient supply chain for small and medium-sized enterprises (SMEs) across the country.
The ONDC platform was launched by the Ministry of Micro, Small and Medium Enterprises (MSME) in 2020 with the aim of creating a unified digital platform for SMEs to access various government services. The platform offers a range of services, including e-procurement, e-invoicing, and e-payment, among others.
Snapdeal’s partnership with ONDC will enable SMEs to access Snapdeal’s vast customer base and sell their products on the platform. The partnership will also provide SMEs with access to Snapdeal’s logistics network, which includes over 26,000 pin codes across India.
The partnership is expected to benefit both Snapdeal and SMEs. Snapdeal will be able to expand its product range and offer more choices to its customers. SMEs, on the other hand, will be able to reach a wider audience and increase their sales.
The partnership is also expected to boost the government’s efforts to promote digitalization and e-commerce in the country. The MSME sector is a key contributor to India’s economy, and the government has been taking several measures to support the sector. The ONDC platform is one such initiative aimed at providing a level playing field for SMEs and enabling them to compete with larger players.
Snapdeal’s partnership with ONDC is a step in the right direction towards creating a more inclusive and efficient supply chain for SMEs in India. The partnership will enable SMEs to leverage Snapdeal’s technology and logistics capabilities and reach a wider audience. It will also help Snapdeal expand its product range and offer more choices to its customers.
In conclusion, Snapdeal’s partnership with ONDC is a win-win situation for both Snapdeal and SMEs. The partnership will enable SMEs to access Snapdeal’s vast customer base and logistics network, while Snapdeal will be able to expand its product range and offer more choices to its customers. The partnership is also expected to boost the government’s efforts to promote digitalization and e-commerce in the country.
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- Source: Plato Data Intelligence: PlatoData