India Post to Become Logistics Giant
WAREHOUSING & LOGISTICS

India Post to Become Logistics Giant

The Indian government is looking to transform India Post into a comprehensive logistics company, with a target to boost its revenue by 50-60% over the next 3-4 years. Speaking at the Public Affairs Forum of India event, Union Telecom Minister Jyotiraditya Scindia revealed that the postal department's annual revenue currently stands at Rs 12,000 crore. The minister expressed his goal of increasing this figure significantly through the diversification of services and by capitalizing on the department's extensive reach in rural and remote areas.

Scindia stressed the need for India Post to evolve from its traditional mail and letter services, pushing for innovations in logistics operations. The strategy will focus on route optimization and tapping into multiple transport methods to enhance efficiency. This transformation will allow India Post to offer comprehensive logistics solutions, bringing essential services closer to people in far-flung areas.

Additionally, the government is making significant investments in infrastructure in the Northeast region, with Rs 48,000 crore earmarked for road development. Scindia also highlighted the ongoing efforts to provide mobile connectivity to 25,000 villages across the country, including 6,000 villages in the Northeast, that currently lack network access. Through the Universal Service Obligation (USO) Fund, the government plans to install mobile towers in these villages by mid-2025, ensuring that no village is left without mobile connectivity. These initiatives are poised to bolster India Post's transformation and the broader development of the country’s infrastructure.

The Indian government is looking to transform India Post into a comprehensive logistics company, with a target to boost its revenue by 50-60% over the next 3-4 years. Speaking at the Public Affairs Forum of India event, Union Telecom Minister Jyotiraditya Scindia revealed that the postal department's annual revenue currently stands at Rs 12,000 crore. The minister expressed his goal of increasing this figure significantly through the diversification of services and by capitalizing on the department's extensive reach in rural and remote areas. Scindia stressed the need for India Post to evolve from its traditional mail and letter services, pushing for innovations in logistics operations. The strategy will focus on route optimization and tapping into multiple transport methods to enhance efficiency. This transformation will allow India Post to offer comprehensive logistics solutions, bringing essential services closer to people in far-flung areas. Additionally, the government is making significant investments in infrastructure in the Northeast region, with Rs 48,000 crore earmarked for road development. Scindia also highlighted the ongoing efforts to provide mobile connectivity to 25,000 villages across the country, including 6,000 villages in the Northeast, that currently lack network access. Through the Universal Service Obligation (USO) Fund, the government plans to install mobile towers in these villages by mid-2025, ensuring that no village is left without mobile connectivity. These initiatives are poised to bolster India Post's transformation and the broader development of the country’s infrastructure.

Next Story
Equipment

Handling concrete better

Efficiently handling the transportation and placement of concrete is essential to help maintain the quality of construction, meet project timelines by minimising downtimes, and reduce costs – by 5 to 15 per cent, according to Sandeep Jain, Director, Arkade Developers. CW explores what the efficient handling of concrete entails.Select wellFirst, a word on choosing the right equipment, such as a mixer with a capacity aligned to the volume required onsite, from Vaibhav Kulkarni, Concrete Expert. “An overly large mixer will increase the idle time (and cost), while one that ..

Next Story
Real Estate

Elevated floors!

Raised access flooring, also called false flooring, is a less common interiors feature than false ceilings, but it has as many uses – if not more.A raised floor is a modular panel installed above the structural floor. The space beneath the raised flooring is typically used to accommodate utilities such as electrical cables, plumbing and HVAC systems. And so, raised flooring is usually associated with buildings with heavy cabling and precise air distribution needs, such as data centres.That said, CW interacted with designers and architects and discovered that false flooring can come in handy ..

Next Story
Infrastructure Urban

The Variation Challenge

A variation or change in scope clause is defined in construction contracts to take care of situations arising from change in the defined scope of work. Such changes may arise due to factors such as additions or deletions in the scope of work, modifications in the type, grade or specifications of materials, alterations in specifications or drawings, and acts or omissions of other contractors. Further, ineffective planning, inadequate investigations or surveys and requests from the employer or those within the project’s area of influence can contribute to changes in the scope of work. Ext..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?