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Business News

May 02, 2020
8:49AM

CAIT to launch national e-commerce marketplace 'bharatmarket' for retail traders

@TEAMCAIT
Traders' body Confederation of All India Traders (CAIT) has announced to launch a national e-commerce marketplace 'bharatmarket' soon for all retail traders in collaboration with several technology partners.

In a statement, CAIT said 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 Secretary General Praveen Khandelwal said the e-commerce portal will include a nationwide participation by retailers and aims to bring 95 per cent of retail traders onboard the platform, who would exclusively run the portal.

He said the initiative has had active support and guidance of the Ministry of Commerce and Industry, as they see this as an effective way to get essential commodities to consumers during the lockdown period and within containment zones.

CAIT National President BC Bhartia said the traders body is looking to enrol about one crore retailers on this e-marketplace in 2020 and make it the world's largest and most-unique e-marketplace ever.


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