Friday, Mar 29 2024 | Time 03:47 Hrs(IST)
image
Startup World » Success Stories Share

E-commerce: Postal dept handles couriers worth Rs 1,000 cr till Dec

E-commerce: Postal dept handles couriers worth Rs 1,000 cr till Dec

New Delhi, Jan 28 (UNI) Riding high on the business from e-commerce giants, the government today said postal department has handled cash on delivery courier worth Rs 1,000 crore till December which is expected to go up to Rs 1,500 crore by the end of the financial year. “Giving further boost to the growing e-commerce market. Department of Posts, with its largest postal network in the world is the biggest potential partner to the e-commerce companies being the only last mile logistics handler across the country,” Minister for Communications and IT Ravi Shankar Prasad said today at a meeting of the Parliamentary Consultative Committee. Sharing details, Mr Prasad said business from major e-commerce companies are growing.Amazon India booking has increased from average 50,000 articles per month last year to three lakhs articles per month in the current year and so is the case of other players like Flipkart, Myntra etc. where the bookings have increased from 15,000 per month to Rs 30,000-50,000 per month. The minister also highlighted that the government’s ‘Digital India Project’ was working to bring the internet and broadband to the remotest corners of the country giving further boost to the growing e-commerce market. The minister shared with the Committee that the department had set up 48 new Parcel Processing Centers so far and 9 more such centers will come up during the current financial year. “These efforts in the last eighteen months have resulted in an overall revenue growth in the parcel segment by 45 per cent during 2014-15 and more than 100 per cent in the current financial year,” Mr Prasad said. The members of the Consultative Committee which included members of Parliament, Nepal Singh, Raj Babbar, Bhola Singh, Arvind Ganpat Sawant, Ranjanben Bhatt and K Gopal appreciated the steps taken by the Department of Posts and complimented on its efforts to bring rural India into the e-commerce mainstream as well as enhancing its revenues through parcel and Speed Post business. UNI ABI ASH SW 1743

image