Registered sellers and service providers In a bid to systematise the onboarding process of retailers on e commerce platforms the Department for Promotion of Industry and Internal Trade DPIIT is reportedly planning to utilise the Open Network for Digital Commerce ONDC to set protocols for cataloguing vendor discovery and price discovery The department aims to provide equal opportunities to all marketplace players to make optimum use of the e commerce ecosystem in the larger interest of the country and its citizen Major Hubs for eCommerce Karnataka Delhi Maharashtra Tamil Nadu Andhra Pradesh Conclusion The E commerce industry has been directly impacting micro small medium enterprises MSME in India by offering resources for funding technology.
Training and has a positive cascade effect on further industries By it is anticipated that the Indian e commerce market will overtake the US to overtake it as the second largest e commerce market in the world Innovations made possible by technology such as digital payments hyper likely to promote the sector s expansion In the long run the expansion of the e commerce industry will also improve employment email database export revenue tax collection for exchequers and customer access to better goods and services By there will be million people using smartphones an increase of from the current number Newsletter Fill your email below to subscribe to our newsletter Enter your Email Don t forget to share this post Calculate Your Sh The market for shipping insurance is expanding.
Quickly In alone more than billion goods were transported globally This figure has climbed by over since There is a greater likelihood that an item will be damaged broken or stolen when there are so many items in transit On average more than two thirds of people have had orders that were damaged were delivered late or were missing products The likelihood of missing packages rises along with the roughly annual growth in online shopping and home delivery Without shipping insurance companies run the risk of suffering significant financial losses Additionally the resulting unhappy clients can harm the reputation of your business additional advantages.
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