India
Post takes up 5,000 crore investment project
to utilize e-commerce based opportunity
to utilize e-commerce based opportunity
SILIGURI: E mail,
social networking or instant chats. All these Internet based services might
have taken blood out of India
Post while transforming communication in the country from paper based
'Letters' to electron based 'Data.' But E-Commerce, based upon the same
internet is now going to pump in fresh blood to India post's veins
prompting it to go for Rs 7,000 crore worth connectivity
augmentation project.
"The e-commerce
battle is growing at fast pace throughout the country. And there lies our new
opportunity," says Mr. John Samuel, member of Postal Services Board. India Post is taking up a
connectivity revamping project worth Rs 7000 Crore to utilize this
opportunity.
"Wide and fast
growing coverage of Internet through computer and mobile phones are bringing
more and more people from even remote corners to the doorsteps of E Commerce
sites. But delivery of the items is an issue where India Post excel's with its
1.5 lakh establishments and time tested connectivity network," he
said.
E Commerce giant Alibaba in
China or Amazon in US largely depend on their respective Postal
Service. It's true that the same can happen in India too. But, "We need to
bring in some change in our own attitude at certain corners and modernize our
connectivity, physical as well as electronic," accepted Mr. Samuel.
India Post is now taking
up a new-age IT project, at an approximate cost of Rs. 4909 crores. In
addition, another Rs 2000 crore is being spent to add up vehicles to its
nationwide fleet to ensure 'delivery on time,' a must for the E Commerce
organizations.
Source:-The Economic
Times