The sheer size of the market, with 1.4 billion people, is a significant draw. Moreover, the country's digital accessibility and literacy, coupled with a large population of digital consumers, amplify the potential for e-commerce growth.
"We are enabling and establishing protocol for multiple platforms to come together and interact within a common language," T Koshy, MD and CEO, ONDC said.
The consumer inclination towards D2C brands has proved true for the furniture category as well with even investors backing brands catering to this space.
Millennials in India are at the forefront of the newly established coffee culture and are very enthusiastic to try alternative coffee brewing methods at home.