India Post piggybacks e-commerce growth as ties with Amazon, Snapdeal bear fruit
Author: Unnamed Reporter - Published 2015-07-13 10:35The Postal Department's strategy to focus on fast growing e-commerce segment has bore fruits as it saw a 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.
"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 as part of this initiative", the official said.