India Post Profit Goes Up By 900%, Thanks To India Post – Ecommerce Partnership

India post, the state owned postal service has reportedly made big fortunes out of their association with e-commerce giants Flipkart, Snapdeal, Amazon etc. The department claims a revenue surge of up to 1000 crore earned this fiscal by delivering consignments in COD mode from these e-commerce majors. In the fiscal 2015, the revenue earned was 500 crore followed by fiscal 2013 when it was just 100 crore.

 India Post Profit Goes Up By 900%

India post’s widest network ensures delivery of the goods from e-commerce magnets even in the far flung areas of the country. This default advantage helps shipper to deliver consignments on time and mint huge profits. India post has business tie-ups with e-ecommerce Juggernauts Flipkart, Amazon, Myntra, Yepme and Snapdeal.

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Notably, India post delivers 3 Lac packets for Amazon each month. This is followed by Snapdeal (80 Thousand packets), Yepme (60 Thousand packets), Myntra (50 Thousand packets ) and Flipkart (30 Thousand packets).

India Post Profit Goes Up By 900%

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