India Post to enter eCommerce space, West Bengal circle approaches Industrial bodies

In a bid to leverage the rapidly growing eCommerce space, the West Bengal circle of the postal department has approached various industrial bodies with a plan to create an online marketplace for the local traders.
India Post to enter eCommerce space, West Bengal circle approaches Industrial bodies
In a bid to leverage the rapidly growing eCommerce space, the West Bengal circle of the postal department has approached various industrial bodies with a plan to create an online marketplace for the local traders, according to a PTI report.
 
A senior official of India Post at Kolkata GPO told PTI, "Since e-commerce is a sunrise industry, it is trying to earn higher revenue in the region by involving local traders and business houses. For that, we are planning to take the help of chambers of commerce present in Kolkata as well as Howrah and other districts."
 
According to the sources, India Post had written to the Bengal Chambers of Commerce requesting it to arrange for an interaction between the Postal officials and local traders. "We have send a proposal to the Bengal Chamber of Commerce and Industry basically to arrange an interactive session with traders and financial houses here. We will also seek help from other chambers in the city and those in Howrah and other districts," a source told PTI.
 
The source said that though the aim was to rope in local traders irrespective of their business volumes, big business houses are also welcome.
 
"We are not looking for any profit immediately. But we know that revenues will grow with time. We have plans for free pick-ups. Because consumers don't want to make an upfront payment, there will be added capabilities like Cash On Delivery and reverse logistics. We are working on a software to start the COD service," one of the sources told PTI.
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