P N GADGIL JEWELLERS LIMITED INITIAL PUBLIC OFFERING TO OPEN
Mahindra Logistics launches services on ONDC network
India, November 15, 2023: Mahindra Logistics Limited, one of India’s leading integrated third-party logistics service providers launches services on ONDC Network and commences its operations. Mahindra Logistics will provide same-day & next-day intra-city pick-up and delivery services to all sellers on ONDC. The company will extend this to a full range of services including inter-city express parcel, full truck load and mobility services. Sellers on the ONDC network will have access to Mahindra Logistics’ entire range of services enabling intra-city and inter-city delivery in up to 19,000 pin codes.
Efficient logistics is a key enabler for members on the ONDC network. Mahindra Logistics’ services provide a full stack of technology, providing D2C brands and sellers with rapid integration and fulfilment services. As part of this initiative, Mahindra Logistics is also committed to collaborating with other members of the ONDC Network in providing solutions to empower local businesses.
Commenting on this integration, Mr. Rampraveen Swaminathan, MD & Chief Executive Officer, Mahindra Logistics Ltd., said, “ONDC is a path breaking attempt program to empower and democratize local commerce. Efficient logistics is a key enabler to harnessing the full potential of ONDC and we are pleased to join the network. We share ONDC’s vision of accelerating commerce and are pleased to partner with them on a range of services. We provide customers a range of hyper-local and inter-city transport and mobility solutions and technology integration with their end customers. Our aim to accelerate commerce by delivering innovative logistics solutions on the platform will ultimately benefit both, businesses and consumers.”
T Koshy, MD & CEO, ONDC, said, “Logistics is a key element for the successful adoption of ecommerce across the country. Especially, for small and medium enterprises this will be a key enabler for enhancing their reach. With a major player like Mahindra Logistics coming onboard onto ONDC Network, it will add significant logistics options across the country for diverse merchants that are part of the ONDC ecosystem”.
ONDC has created an Open Network for seamless logistics operations, opening up opportunities for increased business, better capacity utilization, and a stronger brand presence. This collaboration aligns with the Indian government’s vision of promoting a fair and open digital commerce network.