Government to transform India Post into logistics firm
WAREHOUSING & LOGISTICS

Government to transform India Post into logistics firm

The government plans to reshape India Post into a logistics company, targeting a revenue increase of 50-60% over the next 3-4 years, according to Union Telecom Minister Jyotiraditya Scindia. He made this announcement at a Public Affairs Forum of India event in New Delhi.

Scindia noted that approximately 25,000 villages without mobile networks will be connected by next year. "The postal department is making significant strides. Our current turnover is around Rs 12,000 crore per annum, and I'm aiming to boost that by 50-60% in the coming years," he stated.

He emphasized that India Post has the potential to deliver services directly to rural and remote areas, highlighting the need to diversify beyond traditional mail services. "We must transition from just a mail and letter business to a logistics company. This includes optimizing routes and exploring multiple transport options," Scindia explained.

Regarding infrastructure development in the Northeast, the minister revealed substantial investments, including Rs 48,000 crore for road networks. He mentioned that 6,000 villages in the Northeast and a total of 25,000 nationwide still lack mobile towers.

"We are leveraging the USO Fund to establish mobile networks in all 25,000 villages by mid-next year, ensuring no village is left without mobile connectivity," Scindia added.

The government plans to reshape India Post into a logistics company, targeting a revenue increase of 50-60% over the next 3-4 years, according to Union Telecom Minister Jyotiraditya Scindia. He made this announcement at a Public Affairs Forum of India event in New Delhi. Scindia noted that approximately 25,000 villages without mobile networks will be connected by next year. The postal department is making significant strides. Our current turnover is around Rs 12,000 crore per annum, and I'm aiming to boost that by 50-60% in the coming years, he stated. He emphasized that India Post has the potential to deliver services directly to rural and remote areas, highlighting the need to diversify beyond traditional mail services. We must transition from just a mail and letter business to a logistics company. This includes optimizing routes and exploring multiple transport options, Scindia explained. Regarding infrastructure development in the Northeast, the minister revealed substantial investments, including Rs 48,000 crore for road networks. He mentioned that 6,000 villages in the Northeast and a total of 25,000 nationwide still lack mobile towers. We are leveraging the USO Fund to establish mobile networks in all 25,000 villages by mid-next year, ensuring no village is left without mobile connectivity, Scindia added.

Next Story
Technology

Atlas Copco Unveils Innovation Centre in Pune for Smart Manufacturing

Atlas Copco Tools has inaugurated its first Smart Factory Innovation Centre in India, a cutting-edge facility in Pune designed to showcase advanced technologies powering Smart Integrated Assembly ecosystems. The centre will serve as a hub for businesses across automotive, aerospace, electronics, heavy machinery, and manufacturing sectors to explore automation and smart manufacturing solutions for zero-defect production.The Innovation Centre offers hands-on demonstrations of the latest torquing and dispensing technologies, highlighting software-driven solutions that optimize efficiency, enhance..

Next Story
Resources

Elite Elevators Unveils India’s First Fully Customizable Home Elevator

Elite Elevators, a leader in the premium home lift segment, has launched Elite Elevators Bespoke—India’s first fully customizable luxury home elevator. The launch event, held at the company’s Chennai headquarters, showcased how the new offering redefines residential mobility by integrating state-of-the-art technology with personalized design.Speaking on the launch, Vimal Babu, Founder and CEO, Elite Elevators, said, “At Elite Elevators, our mission has always been to revolutionize home mobility with world-class innovations. Through its enhanced customizable features, our Bespoke elevat..

Next Story
Real Estate

Under-Construction Homes Now Costlier Than Ready-to-Move Properties

Under-construction (UC) homes are now more expensive than ready-to-move (RTM) properties across major Indian metros, according to the latest insights from Magicbricks.In Delhi, UC homes are priced at Rs 25,921 per sq. ft., surpassing RTM properties at Rs 18,698 per sq. ft. Similarly, in Gurugram, UC homes cost Rs 17,185 per sq. ft., compared to Rs 14,617 per sq. ft. for RTM properties.Mumbai, India’s costliest real estate market, has also seen a sharp rise, with UC home prices soaring 33.4 per cent Y-o-Y in Q1 2025 to Rs 32,371 per sq. ft., while RTM properties stand at Rs 28,935 per sq. ft...

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?