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Tuesday, July 14, 2015

India Post makes hay while e-commerce shines


NEW DELHI: The Postal Department's strategy to focus on fast growing e-commerce segment has bore fruits as it saw a significant 37% jump in parcel revenues in the past year.

The increase in parcel revenues is in stark contrast to 2% decline in 2013-14, an official of the communications and IT ministry said.

The department has forged tie ups with leading online marketplaces like Snapdeal, Amazon, Paytm and Yepme for parcel delivery and has also set up modernised 48 centres to handle the packages.

"Investments are being made for augmenting e-commerce parcel booking, transmission and secure handling capabilities and for mechanising delivery starting with the bigger cities. 48 new state-of-the-art parcel centres have been established and an android app real-time tracking, post office search and postage calculator," the official said. agenciesAs a result of these efforts, "the parcel revenues have jumped by 37% in the last one year, which is in contrast to 2% decline in 2013-14," the official added.

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