India Post is in talks with DHL, a global logistics company, to provide speed post to all countries.
India Post in Talks for DHL: India Post aims to provide speed post to all countries .. Join hands with Global Logistics Company DHL
India Post In Talks For Dhl
India Post in Talks for DHL: India Post is in talks with DHL, a global logistics company, to provide speed post to all countries. Postal Secretary Pradeepta Kumar Bisoi said in a statement that the company is partnering with DHL to achieve more revenue through Speed Post. Negotiations with them are in the final stages and a decision will be taken soon. Indian Post is currently distributing Speed Post to 100 countries.
Due to the impact of COVID-19, India Post’s total revenue fell to Rs 1,002.75 crore in the current financial year. This amount is Rs. Compared to 2019-20, Rs. 1,764 crore, Rs 9,922 crore in 2018-19, Rs 81,829.80 crore in 2017-18 and Rs 78,783 crore in 2016-17. The alliance will also facilitate tracking services for customers. Because DHL can provide direct tracking, they book the mail and provide these services to them.
The segment, which currently generates most of its revenue from banking related services, is also looking to compete with private players for e-commerce deliveries in major cities. According to the 2020-21 annual report, India Post aims to achieve 10% revenue market share in the domestic courier, express and parcel sector by 2024.
Corona says he is recovering right now despite losing most of his income during the time. Kovid said the road transport network was launched despite the suspension of train and air services during the period. It was revealed that essential items, especially ventilators, medicines, test kits etc. were provided by road across the country.