India Post to deliver Amazon parcels

13 Oct 2024

India Post to deliver Amazon parcels
1

E-commerce major Amazon has entered into a memorandum of understanding with the Department of Posts under which India Post will facilitate delivery of Amazon’s retail sales through its nationwide service network.

For Amazon, the agreement with India Post offers a cheaper alternative that also does not require any investment. 

Such an arrangement will also help the retail giant enhance its logistics capabilities with reduced manpower and support vehicles.

India Posts at present offers the cheapest alternative for parcel delivery business that is plagued by high-cost players.

The agreement signed between the Department of Posts and Amazon Seller Services Pvt Ltd, last week, is part of the government initiative to enhance overall logistic capabilities in the country.

This also opens another area for enhancing business operations, capacity sharing, and network utilisation through public-private partnership.

The agreement builds on an existing partnership that leverages India Post’s extensive network for transmission and delivery of Amazon’s parcels across India.

The MoU opens new opportunities for the partners to explore new frontiers in logistics and business expansion across India.

Key areas of collaboration, as outlined in the MoU, include synchronization of logistics operations, knowledge-sharing, and capacity-sharing.

India Post and Amazon will undertake quarterly review the progress of their collaboration and look for ways to strengthen their partnership.

Latest articles

OpenAI Acquires Neptune to Fortify Training Infrastructure as Valuation Hits $500 Billion

OpenAI Acquires Neptune to Fortify Training Infrastructure as Valuation Hits $500 Billion

Amazon and Google Roll Out Joint Multicloud Service to Boost High-Speed Connectivity

Amazon and Google Roll Out Joint Multicloud Service to Boost High-Speed Connectivity

TRAI Cracks Down on Spam: Over 21 Lakh Fraud Numbers Disconnected; New Advisory Issued

TRAI Cracks Down on Spam: Over 21 Lakh Fraud Numbers Disconnected; New Advisory Issued

Google Expands Taiwan Presence With New AI Engineering Centre

Google Expands Taiwan Presence With New AI Engineering Centre

Maruti Suzuki Crosses 3 Crore Domestic Sales Milestone — A New Chapter in India’s Automotive Story

Maruti Suzuki Crosses 3 Crore Domestic Sales Milestone — A New Chapter in India’s Automotive Story

Alaska Airlines Resumes Operations Following Major Tech Outage

Alaska Airlines Resumes Operations Following Major Tech Outage

Tesla's New AI Chip: A Strategic Partnership with Samsung and TSMC, Not a Replacement for Nvidia

Tesla's New AI Chip: A Strategic Partnership with Samsung and TSMC, Not a Replacement for Nvidia

Uber Rebrands ‘Green’ as ‘Electric,’ Offers $4,000 Incentives to U.S. Drivers to Accelerate EV Adoption

Uber Rebrands ‘Green’ as ‘Electric,’ Offers $4,000 Incentives to U.S. Drivers to Accelerate EV Adoption

Jaguar Land Rover Cyberattack Estimated to Cost UK Economy $2.5 Billion

Jaguar Land Rover Cyberattack Estimated to Cost UK Economy $2.5 Billion

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers