Transport Corporation of India Ltd. (TCI), a leading integrated multimodal logistics and supply chain solutions provider, announced its integration with the Open Network for Digital Commerce (ONDC). It is the first B2B logistics player in the country to go live on the network. TCI is gearing to launch its new suite of services on the network, a step to revolutionize the logistics sector with cutting-edge technology and seamless connectivity.
ONDC, a government-backed initiative, aims to democratize digital commerce by enabling an open and inclusive digital network for both buyers and sellers. By joining ONDC, TCI will offer its efficient and reliable logistics services to businesses of all sizes, ensuring a seamless end-to-end delivery experience. This integration will empower enterprises to connect, collaborate, and thrive in an increasingly digital marketplace.
“We are excited to join ONDC Network and contribute to building a more connected and accessible digital commerce ecosystem for B2B logistic services,” said Mr. Vineet Agarwal, Managing Director of Transport Corporation of India Limited. “By leveraging our vast national network of 1400 own branches and 15 Mn. Sq. Ft. warehousing space, our B2B logistics services on ONDC will not only enhance the delivery experience for businesses but also streamline supply chain operations, reduce costs, and improve market reach, especially for the MSME sector.”
In addition, Mr. Vineet Agarwal said, “It is a step towards integrating the digital supply chain platform to cost effective physical execution. TCI is rightly poised to play a significant role through this initiative”.
“TCI’s integration with ONDC marks a pivotal moment in logistics. By bringing its extensive logistics network to the ONDC Network, we’re not only expanding choices for businesses but also setting a new standard for operational efficiency and reach, especially for MSMEs,” said Mr. T Koshy, Managing Director & CEO of ONDC.
Key Features of TCI’s Services on ONDC:
● Seamless Integration: TCI’s services are designed to seamlessly integrate with the ONDC Network, offering businesses a hassle-free logistics solution that aligns with their operational needs.
● Efficient Delivery Network: Leveraging TCI’s extensive distribution network, businesses can enjoy faster and more reliable delivery services, ensuring that goods reach even the remotest destinations on time.
● Real-Time Tracking: TCI’s advanced tracking system provides real-time updates on consignments, enhancing transparency and enabling businesses to monitor their orders with ease.
● Technology-Driven Efficiency: Leveraging advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML), and Robotic Process Automation (RPA), TCI’s logistics services are designed to optimize operations. These technologies enable it to enhance route planning, automate repetitive tasks, and provide real-time insights, ensuring an efficient and cost-effective logistics solution for its B2B customers.
● Cost-Effective Solutions: By utilizing TCI’s efficient logistics infrastructure, businesses can benefit from cost-effective delivery solutions, helping them optimize their supply chain and reduce operational costs.
● Customizable Services: TCI offers a range of customizable logistics services tailored to meet the specific requirements of different industries, ensuring a flexible and scalable solution for all businesses.
This integration with ONDC Network aligns with TCI’s commitment to innovation and customer-centric solutions. By enabling businesses to access logistics services on a unified platform, the company aims to enhance the overall digital commerce experience and foster growth in the B2B manufacturing sector.
TCI’s integration on ONDC was facilitated by ENS Enterprises Private Ltd, a company with expertise in digital commerce technology, connecting its clients to digital marketplaces.
About TCI Group
Transport Corporation of India (TCI) is India’s leading integrated supply chain and multimodal logistics solution provider. With a legacy spanning over 60 years, annual revenues of over Rs. 7000 Cr, the group operates an extensive network of company owned offices worldwide, has 15+ million sq. ft. of warehousing space, and a dedicated team of professionals with expertise in providing end-to-end solutions. With a strong customer-centric and technology driven approach, it serves clients in industries such as automobile, energy & renewables, retail, e-commerce, hi-tech (ICE), chemicals,
healthcare & lifesciences, metals & minerals, aviation & defence, agriculture, among others.
The group is dedicated to value creation for its stakeholders, following strong governance standards, giving back to the society with a commitment towards sustainability and social responsibilities.
About ONDC
Incorporated on 31st December 2021, Open Network for Digital Commerce (ONDC), a Section 8 company, is an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India to create a facilitative model that revolutionizes digital commerce, giving greater thrust to penetration of retail e-commerce in India. ONDC is not an application, platform, intermediary, or software but a set of specifications designed to foster open, unbundled, and interoperable Open Networks.
