India Post planning to Launch its Own E-Commerce Marketplace

10:49 AM Deepankar Pathak 1 Comments

India Post has been connected with e-business in India since the start of this idea. In 241 years of its presence the Department of Posts has possessed the capacity to set up in excess of 1.5 lakh post offices, covering greatest number of pin codes than any logistics organization, and hence turning into a closest companion for the Indian Internet retailers. However this is somewhat evolving now, the Government worked system is soon going to launch its own e-trade marketplace.

In a report by ET John Samuel, a part of Postal Services Board, said that India Post will be launching an Amazon and ebay like online store, which would be an overseen marketplace with solid look out for of who can sell and who can not. An accentuation would be made on selling of indigenous items like Darjeeling Tea, Kashmiri Saffron and so forth.

"In one hand we have Rs 4909 crore worth the trouble related foundation modernization plan and then again, we are spending an alternate Rs 2000 crore to have new vehicles to guarantee speedier conveyance." said Samuel.

This is the second Government pursue body IRCTC to venture into e-business. IRCTC had launched its portal in organization with Yebhi, however that didn't work out and Yebhi itself transformed its plan of action in 2014. India Post accompanies an involvement in taking care of e-trade logistics, additionally it had gotten into a Mou with organizations like Snapdeal, Amazon and Shopclues to drive this specific portion. Will this new arm make a clash of enthusiasm with portals managing in the same space?

This Government body could leverage the brand it has assembled among the consumers, in-street into provincial populace, the prepared supply chain base it has furthermore its experience assuming a part as a budgetary body to deal with the payments. Albeit this looks cheerful, one can sit tight for a couple of months more to perceive how does this picture really ends up being.

Albeit this looks confident, one can sit tight for a couple of months more to perceive how does this picture really ends up being.

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