Indian Economy (30 Viewers)

@concard @ezsasa can you guys find how accurate and relevant are these figures? I feel like the article is adding a bit too much masala in some sectors. And these figures don't tell the complete picture. Like take example of medicines/pharma, it doesn't really makes sense to talk about anti-biotic import here.

Grin and bear with Chong supply chains for now and work to replace them fully in the future.

It's not hard since Ching components aren't of the high end sort, they win on good enough quality and price, we can replicate it with govt support, it's already happening in pharma API and white good subcomponents.
 



Tale of 2 government fintech undertakings . What're your views ? @ezsasa ; @crazywithmath ; @Ajayant Tripathi ; @Anants
BHIM gives more cashbacks and is much faster, smoother and less complex than paytm. They launched UPI lite which just needed scan and not even pin (very convenient during weekly veggie shopping at sabjee mandi..) Never signed up for GPay (just dont trust google whatsap with my banking info). Did for Paytm initially when BHIM loaded slowly in early days.. but Paytm was clunkier to use. Tried CRED.. but its all hype, I never understood the craze for it when barring one or two good deals .. rest is meh...

Rest UPI apps are by banks as part of their mobile apps. Out of them most shady is iMobile app by ICICI. They sneakily open delayed popups for their loan and financial services offer - exactly at moment when you are trying to quickly open any menu item...
 



Tale of 2 government fintech undertakings . What're your views ? @ezsasa ; @crazywithmath ; @Ajayant Tripathi ; @Anants

UPI is just a protocol for your to ez pz and secure transfer money from your account to the other guy's via qr code scan and entering 4 digit pin.

Now the Bhim app could be dumpster fire but every other e-wallet merchant like google, paytm, phonepe has UPI integration so it doesn't matter.

This ONDC seems to be a sarkari amazon/blinkit by comparison.
 
ONDC has largely failed to take off because it hasn't addressed the key pain points of today’s retail environment. Local kirana stores, as well as e-commerce giants like Amazon and Flipkart, are already under pressure from fast-growing quick-commerce platforms promising ultra-fast delivery. In contrast, ONDC struggles to offer even basic customer satisfaction—particularly when it comes to return and refund policies.

As a result, ONDC, in its current form, has been a non-starter. However, there’s still a path to revival. If the government introduces a logistics aggregator—similar to the planned taxi aggregator model—and backs it with strong customer protection and fair margins for genuine shopkeepers and vendors, ONDC could still succeed. Seamless logistics combined with trust and accountability could make ONDC competitive and truly transformative for India's retail ecosystem.


 
ONDC has largely failed to take off because it hasn't addressed the key pain points of today’s retail environment. Local kirana stores, as well as e-commerce giants like Amazon and Flipkart, are already under pressure from fast-growing quick-commerce platforms promising ultra-fast delivery. In contrast, ONDC struggles to offer even basic customer satisfaction—particularly when it comes to return and refund policies.

As a result, ONDC, in its current form, has been a non-starter. However, there’s still a path to revival. If the government introduces a logistics aggregator—similar to the planned taxi aggregator model—and backs it with strong customer protection and fair margins for genuine shopkeepers and vendors, ONDC could still succeed. Seamless logistics combined with trust and accountability could make ONDC competitive and truly transformative for India's retail ecosystem.


The main flaws of ONDC is limited to D2C businesses like food delivery and product delivery. Mainly because non existent customer support and lack of customer choice in selecting logistics aggregator. Currently, atleast in my experience, the store had booked a delivery partner of their choice for delivering my product. I as customer has no say in this, and even don't get any support from the delivery service in case of any issues since I didn't book their service, the restaurant did.

I feel the easiest way to solve the delivery problem is to let the customer choose their delivery service. If the customer is given option, there will be some good aggregators like let's say Rapido, Zepto, Uber, maybe even services like Porter, DTDC, DHL. Customer can choose service based on customer ratings and feedback or price, upto them. Connecting with Delivery Agent in case of issue will also be much more streamlined in this case. These aggregators will also be in pressure to give good service to retain customers if competition is high

Now since, we talked of flaws, there is one area where ONDC is adopted to decent success. Media has hyped ONDC as Amazon killer, Flipkart killer etc etc that people are thinking it is just a platform to host stores and all. But many people forget ONDC is not just a digital bazar, it actually hosts all kind of business. One such business is Transport sector.

First Example, In West Bengal we have a govt backed app called Yatri Sathi, kind of a future super app for travel related activities. This app currently provide cabs, bike taxis, rentals services as well as online ticket booking for popular tourist places like Alipore Zoo, Eco Park, Victoria etc. In future with this app, govt bus ticket booking also will be possible. This app uses the ONDC network to function. Personally have used this app, great experience, ditched Uber which I use to use before. Prices are lower and driver satisfaction is also quite high as comission charged are very less.

Second Example, There is another app called RedBus, which is now providing Online Metro tickets for Delhi, Chennai, Mumbai Bangalore etc. This app also uses the ONDC network for this. Again, very convenient, kind of a super future app for all metro services in the country.

As more players come to the field, I can say ONDC will be successful in Transport Sector atleast.

Now, since we are talking of UPI, ONDC, there was a third initiative launched which was OCEN, something which was supposed to make credit market transparent and seemless. Anybody knows what happened to it?
 
The main flaws of ONDC is limited to D2C businesses like food delivery and product delivery. Mainly because non existent customer support and lack of customer choice in selecting logistics aggregator. Currently, atleast in my experience, the store had booked a delivery partner of their choice for delivering my product. I as customer has no say in this, and even don't get any support from the delivery service in case of any issues since I didn't book their service, the restaurant did.

I feel the easiest way to solve the delivery problem is to let the customer choose their delivery service. If the customer is given option, there will be some good aggregators like let's say Rapido, Zepto, Uber, maybe even services like Porter, DTDC, DHL. Customer can choose service based on customer ratings and feedback or price, upto them. Connecting with Delivery Agent in case of issue will also be much more streamlined in this case. These aggregators will also be in pressure to give good service to retain customers if competition is high

Now since, we talked of flaws, there is one area where ONDC is adopted to decent success. Media has hyped ONDC as Amazon killer, Flipkart killer etc etc that people are thinking it is just a platform to host stores and all. But many people forget ONDC is not just a digital bazar, it actually hosts all kind of business. One such business is Transport sector.

First Example, In West Bengal we have a govt backed app called Yatri Sathi, kind of a future super app for travel related activities. This app currently provide cabs, bike taxis, rentals services as well as online ticket booking for popular tourist places like Alipore Zoo, Eco Park, Victoria etc. In future with this app, govt bus ticket booking also will be possible. This app uses the ONDC network to function. Personally have used this app, great experience, ditched Uber which I use to use before. Prices are lower and driver satisfaction is also quite high as comission charged are very less.

Second Example, There is another app called RedBus, which is now providing Online Metro tickets for Delhi, Chennai, Mumbai Bangalore etc. This app also uses the ONDC network for this. Again, very convenient, kind of a super future app for all metro services in the country.

As more players come to the field, I can say ONDC will be successful in Transport Sector atleast.

Now, since we are talking of UPI, ONDC, there was a third initiative launched which was OCEN, something which was supposed to make credit market transparent and seemless. Anybody knows what happened to it?
Maybe just maybe the government should not waste so much time building these apps and leave it to the free market.

In Bangalore there is always news of govt building a new app for taxis, now this. Wish the government actually did just the governance part and actually gave good public services
 

At this point, it seems inevitable, we'll end up being digitally colonized by USA.


View: https://x.com/Kanthan2030/status/1948033735405806070

Our MNC's are unable to pivot to other industries. Chinese MNC's on the other hand have succeeded in this arena. I hate agreeing with this CCP simp but he's right.

Alibaba was literally an e-commerce giant who took the path Amazon took and has succeeded in Cloud computing.

Our dhandhos like Reliance are happy with trying to monopolize services by price manipulation instead of innovating. Sad situation we are in.
 

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