Bengaluru, April 4 (Ians) The government’s Open Network for Digital Commerce (Ondc) platform will democratise ecommerce for millions of small retailers in India, paving the way for the rise of more dedicated distribution and logistics companies, Infosys Chairman and Co-founder Nandan Nilekani said on Tuesday.
According to him, Ondc will not be limited to a few players but everyone in India — a person owning a small grocery store, a small electronics retailer or a restaurant owner — bringing millions of such people on the e-commerce marketplace and buyers will come from any consumer app.
“Today, India has achieved financial inclusion in about seven-eight years with homegrown technologies like Aadhaar, Upi, Qr code and more. The next step is to connect millions of small retailers to mainstream ecommerce with Ondc to create a robust digital public infrastructure,” Nilekani said during a PhonePe launch event.
The fintech major announced the launch of a...
According to him, Ondc will not be limited to a few players but everyone in India — a person owning a small grocery store, a small electronics retailer or a restaurant owner — bringing millions of such people on the e-commerce marketplace and buyers will come from any consumer app.
“Today, India has achieved financial inclusion in about seven-eight years with homegrown technologies like Aadhaar, Upi, Qr code and more. The next step is to connect millions of small retailers to mainstream ecommerce with Ondc to create a robust digital public infrastructure,” Nilekani said during a PhonePe launch event.
The fintech major announced the launch of a...
- 4/4/2023
- by News Bureau
- GlamSham
New Delhi, Feb 1 (Ians) Leading industry players on Wednesday welcomed several fresh initiatives in the Union Budget 2023-24, especially setting up 100 5G labs and opening the centres of excellence (CoEs) for artificial intelligence (AI).
With the 5G roll-out now gaining momentum in India, the Centre announced plans to set up 100 labs in the top engineering institutions to develop 5G apps and services.
“With the ongoing 5G rollouts in India, the government’s decision to establish 100 5G application Labs is a timely move to spur innovation in developing the 5G ecosystem and India relevant use cases,” said Manoranjan Mohapatra, CEO, Comviva.
There is a great opportunity to combine 5G and AI to improve network speed, responsiveness, and efficiencies, he added.
Arvind Bali, CEO, Telecom Sector Skill Council, said that the annual demand in telecommunications and 5G have increased by 33.7 per cent (in September 2022).
“There was a demand for 1.3 million workers in...
With the 5G roll-out now gaining momentum in India, the Centre announced plans to set up 100 labs in the top engineering institutions to develop 5G apps and services.
“With the ongoing 5G rollouts in India, the government’s decision to establish 100 5G application Labs is a timely move to spur innovation in developing the 5G ecosystem and India relevant use cases,” said Manoranjan Mohapatra, CEO, Comviva.
There is a great opportunity to combine 5G and AI to improve network speed, responsiveness, and efficiencies, he added.
Arvind Bali, CEO, Telecom Sector Skill Council, said that the annual demand in telecommunications and 5G have increased by 33.7 per cent (in September 2022).
“There was a demand for 1.3 million workers in...
- 2/1/2023
- by News Bureau
- GlamSham
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