E-market business in India has grown rapidly in recent years. In view of this, the Federation of All India Traders (CAIT) has launched the ‘Bharat e-Market’ app. With the help of this app anyone can sell and buy goods online. This app will have direct competition with companies like Amazon and Flipkart. Who has great control over India’s e-market
Desi e-commerce portal ‘Bharat e Market’ has come to compete with Amazon and Flipkart in India. Explain that Confederation of All India Traders (CAIT), an organization of about 8 crore traders, has launched the app of ‘Bharat e Market’. CAIT has tried to target Amazon and Flipkart through this app. The app can get support to a large extent by being an app of ‘Indian’ origin. For the last few years, the government has been promoting self-reliant India programs.
CAIT launched this app on 11 February. The federation claims that more than 40,000 associations are associated here. Also, there are more than 8 crore businessmen here. Cat aims to add 7 traders by the end of this year.
CAIT has informed about the launch of Bharat e Market app through its Twitter handle. CAIT says that 40,000 small and big associations are associated on this platform initially, with a total of 80 million businesses. The mobile app of the Indian e-commerce platform has been developed under Prime Minister Narendra Modi’s Vocal for Local Vision. The app will be made available on both Google Play and App Store. CAIT says the app is available for Android, but we didn’t find it on Google Play until the news was written. Apart from this, ‘Coming Soon’ is written on the website for iOS
Explain that the Indian e-commerce app Bharat e Market is for both business-to-business (B2B) and business-to-consumer (B2C) transactions. CAIT claims to have added 7 lakh traders to this platform by December 2021 and 1 crore traders by December 2023. If this happens, it will become the world’s largest portal.
For some time, voices of protest have been heard in the Indian market regarding Chinese goods. According to CAT, neither Chinese goods can be sold nor can they be purchased on this app. CAT believes that this will directly benefit Indian traders.
.Registration can be done through mobile app or portal to start Bharat e Market business. CAIT says that the app is completely native, so the user data in it will not go out of the country. Selling Chinese goods on the portal to promote domestic traders would be prohibited. Apart from this, no commission will be charged for doing business on the platform.
Currently, goods are being sold through all the portals in the country. There, businessmen have to pay 5 to 35 percent of their earnings. But here the businessmen will be able to do business without any charge. This is expected to increase their profits.
Many times the app is accused of stealing data. CAIT claims that all data available on this app will remain completely secure and within the country. This, the association claims, will make the e-market a step towards becoming a self-reliant India.