Infrastructure sector projects by Department of Post in Multi Location
Project Information
6999
Department of Post
In a bid to strengthen its position in the e-commerce market, India Post has proposed to invest Rs 322 crore till 2019-20 to augment parcel handling capacity through which it projects to earn a revenue of Rs 1,608 crore.
An official in the Department of Post told PTI that with the current pace of growth in e-commerce segment, India Post would be handling 40 lakh parcels per month in the near future and the capacity needs to be augmented accordingly.
"The Department is proposing to invest Rs 322 crore in the period from 2015-2016 to 2019-20 to augment and develop parcel handling capacities," the official said.
He said India Post centres would be equipped with modern handling devices, conveyor belt and security systems to ensure faster and safe processing.
He added volumetric measurement system will also be introduced to ensure revenue based on volume of the consignment having lesser weight but occupying larger space in tran-shipment.
"With the proposed investments, the revenue projections from e-commerce in all segments is Rs 1,608 crore in five years," he said.
"With the proposed investments, the revenue projections from e-commerce in all segments is Rs 1,608 crore in five years.
Project Value
INR 322 Crore /-
Planning
Multi Location
Delhi
India
Infrastructure
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