India Post in talks for global Speed Post delivery via DHL
The Hindu
Looking at increasing revenue from mail services, India Post is in advanced discussions with global logistics firm DHL to deliver Speed Post to all countries, said a senior official.
“We want to have more Speed Post and increase revenue,” said Pradipta Kumar Bisoi, Secretary, Department of Posts. “We are tying up with DHL and in the final stage of discussions with them,” he added. Currently, India Post delivers Speed Post to about 100 countries, and aims to deliver worldwide with the tie-up. India Post’s total revenues from Speed Post declined to ₹1,002.75 crore in the current financial year up to December due to the impact of COVID-19. This amount was ₹1,764 crore in the comparative period of 2019-20, ₹1,922 crore in 2018-19, ₹1,829.80 in 2017-18 and ₹1,783 crore in 2016-17.
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