ONDC Breaks Records with 12 Million Orders in July 2024
The Open Network for Digital Commerce (ONDC) achieved a significant milestone in July 2024, processing a record-breaking 12 million orders. This impressive feat highlights the rapid growth and expanding reach of the network.
Daily Orders and Seller Network
ONDC saw an unprecedented daily average of 430,000 orders. As of July, the 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.
Order Breakdown
The 12 million orders in July were 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.
Market Share and New Categories
In the food and beverages sector alone, ONDC captured an impressive 18% market share in Bengaluru and 3% nationally. 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).
Future Plans
Looking ahead, ONDC 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.
About ONDC
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 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.
Doubts Revealed
ONDC -: ONDC stands for Open Network for Digital Commerce. It’s a system in India that helps people buy and sell things online.
12 Million Orders -: This means that people bought things 12 million times using ONDC in July 2024.
Mobility Sector -: This includes services like taxis, buses, and other transportation that help people move from one place to another.
Non-Mobility Sectors -: These are areas like food, groceries, and clothes that don’t involve moving people around.
Bengaluru -: Bengaluru is a big city in India, also known as Bangalore. It’s famous for its tech industry.
Swantantra Sale -: This is a special sale event planned by ONDC to encourage more people to buy and sell things.