ITraders' body Confederation of All India Traders (CAIT) on Friday said it will soon launch a national e-commerce marketplace 'bharatmarket' for all retail traders in collaboration with several technology partners.
The marketplace will integrate capabilities of various technology companies to provide end-to-end services in the logistics and supply chains from manufacturers to end consumers, including deliveries at home, CAIT said in a release.
The e-commerce portal will include a nationwide participation by retailers, it added.
This endeavour aims to bring 95 per cent of retail traders onboard the platform, who will be the shareholders and the portal will be run exclusively by the traders, CAIT Secretary General Praveen Khandelwal said.
“We have already started this programme as a pilot, initially with a limited number of essential commodities, in six cities — Prayagraj, Gorakhpur, Varanasi, Lucknow, Kanpur and Bengaluru, with
tremendous response from retailers, distributors and even consumers.