India Post has a potential to emerge as world’s leading e-Commerce delivery platform, Union Minister for Communications and Information Technology Ravi Shankar Prasad said on Saturday after inaugurating an e-Commerce Parcel Processing Centre at Parel in Central Mumbai.
Union Minister for Communations and IT Ravi Shankar Prasad at the inauguration—Photo: Special arrangement
Mr Prasad said India Post had updated itself with latest technological developments in the country and has tied up with more than 400 eCommerce agencies including Flipkart, Amazon and Snapdeal for delivering eCommerce pre-paid as well as Cash-on-Delivery orders. Amazon is the largest business partner of India Post’s eCommerce division.
He said the parcel revenue, which registered a 2 per cent decline in 2013-14, had clocked 37 per cent growth in 2014-15 and further grew by 117 per cent during the first half of 2015-16.
He said India Post posted a total revenue of Rs 11,636 crores during 2014-15, with post and parcel related services accounting for 42 per cent of the revenue and the rest coming from the Savings Bank activities.
Mr Prasad also announced that India Post Payment Bank would be set up by March 2017 to extend access to formal banking in rural areas.
He said all rural post offices would be provided hand held devices to facilitate banking insurance business and contribute in propagating the government schemes.
Spread over 12,000 sq feet, the e-Commerce Parcel Processing Centre at Parel is fully mechanized and computerised using conveyer belts, scanners, computers and electronic weighing scales. It has also been provided with a dedicated transport facility to dispatch parcel bags to Mumbai Airport. Currently, the centre processes around 7,000 e-Commerce parcels per day and has an installed capacity to handle 30,000 e-Commerce parcels in a day in three shifts.
The quick delivery of E-Commerce parcels is done through four dedicated mechanised nodal delivery centres which cover 21 delivery post offices in Mumbai.
Soon remaining post offices in Mumbai would also be equipped with mechanised nodal delivery system which will ensure that parcels could be delivered on Sundays as well as holidays and customers can track their parcels in real time on Indian Post website.
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