Ecommerce

Game On: India Post To Make An Ecommerce Foray

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As a part of its massive IT based modernization initiative worth INR 5,000 Cr., India Post has revealed its plans to venture into ecommerce business soon.

The portal which is currently under developmental phase is expected to go live within 6 months.

According to John Samuel, member of Postal Services Board the new venture will work just like Amazon or Ebay. But will not be entirely open for any item to be sold by anyone, rather it will be following a moderated and scrutinized.

John said that the local specialties like Tea from Darjeeling, Mango from Malda in West Bengal or Saffron from Kashmir will have emphasize in that. He also said that the company is currently tying up with different controlling authorities like Spices Board, Tea Board, or cashew Board to ensure ‘quality trading of quality items only’.

Apart from selling products, services of different public sector might also be included on the portal.

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Inc42 Daily Brief

Stay Ahead With Daily News & Analysis on India’s Tech & Startup Economy

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