ECommerce Companies Like Amazon Help India Post Bolster Its Revenue By 37%

India Post has the largest network of post offices in world. However, it had been witnessing a continuous negative growth rate owing to lack of innovation and technical support.  For the same reason, it had a negative growth rate of 2% in year 2012- 13.

Last year, India Post gained an increment of 37% in their revenues for parcel delivery. This was successful mainly because of its partnership with Amazon, Snapdeal and Paytm. The ministry of Communications and IT reported that investment made for enhancing eCommerce parcel booking, transmission and secure handling capabilities and for mechanizing delivery starting with the bigger cities resulted in such a huge growth rate.

With the emergence of new players, the competition for India Post is getting tougher with each passing day. Hence, to meet the demand of the situation, India Post has tied hands with eCommerce companies like  Amazon, Paytm, Snapdeal and YepMe to become their logistics partner.

It has its own Android app with real time tracking and postage calculator. It has set up 48 new modernized delivery systems across the country.

Out of the 1.54 post offices that India Post own, 89% of them lie in rural India. As of e-commerce, rural India has been completely out of reach. In the light of all these, it can be said that India Post can turn the game towards the desired goal for ecommerce by targeting rural India as its next area of focus.

Share this:
Tags:

About Jessica Priston

Ut tellus dolor, dapibus eget, elementum vel, cursus eleifend, elit. Aenean auctor wisi et urna. Aliquam erat volutpat. Duis ac turpis. Integer rutrum ante eu lacus. Vestibulum libero nisl, porta vel, scelerisque eget, malesuada at, neque. Vivamus eget nibh. Etiam cursus leo vel metus. Nulla facilisi. Aenean nec eros.

  • Website
  • Google+
  • Rss
  • Pinterest
  • Instagram
  • LinkedIn
  • Vimeo
  • Youtube
  • Flickr
  • Email

Related News

  • Cashback site Cashkaro now offers restaurant discounts

    India’s e-commerce market looks large and lucrative enough from the outside, but insiders know it is very challenging. In fact, the number of e-commerce sites and businesses is growing so fast here today that the competition is cut-throat. This

  • What is Viscose Material? Advantage and disadvantage of viscose.

    Viscose is a unique form of wood cellulose acetate used in the nnmanufacture of a number of different products. This includes items for nnthe medical industry, though it is perhaps most common as a major nningredient in the production of the fabric r

  • Honda launches new CBR 250R bike
    Honda launches new CBR 250R bike
    July 01, 2014 5:50 am

    New Delhi: Honda Motorcycle & Scooter India (HMSI) launched a new edition of its global sports performance bike CBR 250R priced between Rs 1.56 lakh and Rs 1.86 lakh (ex-showroom Delhi). The 2013 edition CBR 250R is available for sale across a

  • Zara has opened store at Ambience mall, Gurgaon

    Zara, has opened its new store at Ambience mall, Gurgaon. Spread over 28,000 sq.ft. across two floors the store has taken the space earlier occupied by Debenhams. With this Zara now has twelve stores in India. It is present in 86 countries with