India Post

State-owned India Post has partnered with logistics aggregator Shiprocket to enhance its last-mile delivery services for various e-commerce products, an official statement said on Friday. The Memorandum of Understanding (MoU) was signed between India Post, Shiprocket and Pickrr at Dak Bhawan here. Under the collaboration, India Post has ensured IT integration with IT systems of Shiprocket. This integration has been done through various application programming interface (API) for tariff, booking, label generation, pickup and track & trace systems.

Indian Railways and India Post have formally launched Rail Post Gati Shakti Express Cargo Service, Joint Parcel Product of Railways, and India Post

The joint parcel product service by Indian Railways and India Post serving the region of Coimbatore was inaugurated on Wednesday here. The first consignment of parcels under this scheme was loaded on the Coimbatore-Chennai Central Shatabdi Express, which left Coimbatore station around 3 pm, in the presence of senior officials from Salem Railway Division and India Post. The scheme was developed with the intention of reducing time and cost in transportation of goods. Bringing down the cost of logistics will help in the economic growth of the country, an official release said. To provide end-to-end logistics service to parcel customers, 'Rail Post Gati Shakti Express Cargo Service' has been introduced in Salem Division. This service will be beneficial for MSMEs, industrialists and traders, it said. The joint parcel product aims to target the business-to-business and business-to-customer markets by offering a full parcel handling solution picking up from the sender's premises, booking

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As per the release, it took 25 minutes for the parcel to reach the destination located 46 km from the originating point

The support will help state-run payments bank to penetrate deeper into the country, especially in the rural area and work towards financial inclusion

It is also requested the common public not share any personally identifiable information such as date of birth, account numbers, mobile numbers, place of Birth and OTP, etc

Further, as per Budget announcements, Railways will develop new products and efficient logistics services for small farmers and small and medium enterprises

One group is led by top payment solutions firm Financial Software and Systems, the other by FIS, which provided tech solutions for merchants, banks, and capital markets firms globally

India Post expects to make the Post Office Savings Bank interoperable with other bank accounts by April and will focus on enhancing digitisation of all services in 2021

The Department of Posts and United States Postal Service on Tuesday signed an agreement for electronic exchange of customs data related to postal shipments between the two countries

Surely the postmen, the lifeline of the country till Internet and mobile phones overtook the snail mail, were still around picking up and delivering letters and parcels?

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India Post currently provides speed post service to 100 countries, as per the information available on its website

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The solution is built to cater to the department's immense scale, and future needs

The ongoing e-commerce business segment resulted in an increase of 13% revenue of India Post in the 2017-18

According to a KPMG report, the e-commerce retail logistics market alone is valued at $1.35 billion in 2018, and is projected to witness a growth of around 36 per cent in the coming five years