Transport Corporation of to go live for Digital Commerce, Online Marketplaces to Grow in India

Published: 05 Dec 2024

Author: Precedence Research

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On December 5th2024, a leading integrated multimodal logistics and supply chain provider, Transport Corporation of India (TCI) made an extraordinary announcement of its integration with the Open Network for Digital Commerce (ONDC). This is the first B2B logistics player that will go live in India. TCI is poised to launch its new suite of services on the network, which will have cutting-edge technology as well as uninterrupted connectivity. TCI has been a major player for the logistics industry in India for years and now, they are expanding their services even further. This will be a game-changer for the logistics industry in the country.

The ONDC is an Indian government backed initiative with a goal of equality when it comes to digital commerce. This will work by enabling an inclusive and pen digital network for the buyers and sellers alike. TCI joining forces with ONDC will provide their logistics services to organizations of all sizes which will assure a smooth end-to-end delivery experience. This integration will encourage and enable different enterprises to connect, collaborate and thrive in the ever-growing digital marketplace.

TCI will be able to offer a range of services with features like – efficient delivery network, customizable solutions, affordability, real-time tracking, seamless integration and efficiency that is driven through technological advancements. The Transport Corporation of India has always committed to innovation combined with customer centric solutions. This integration aligns with the vision of TCI as it allows different businesses to access logistics services on a single platform. Such collaborations by key players will the growth of B2B logistics in the Indian market.

The logistics market in India is diverse. With government support through different types of initiatives like Make in India have helped fuel the overall growth of the logistics industry. The growing demand of the e-commerce in the country has been a big boon for this industry. Logistics is expected to continue its growth in India, making significant contribution to the GDP. The adoption of new technologies into the infrastructure like AI, ML, IoT etc., this industry is taking efforts to become more customer centric and improve customer experience. Technological advancements have helped improve efficiency and productivity in the logistics industry in the subcontinent. With collaborations like TCI and ONDC, new avenues will open for various size businesses across the country.

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