FDI in India
Post ?
As on 31-08-2009 , India Post had 1,55,015 post offices
, making it the largest postal network in the World
Almost 90 % of these were in rural areas , each serving
7175 persons on average , totaling 111.2 Crores Indian citizens ! Entire
population of India !
Till about a few years back , India Post delivered
millions of letters and a few lakh parcels every day , to citizens living in
farthest corners of India
And of course , millions of rural citizens also
depended upon its Money Order delivery
But then came along private Courier Companies , bent
upon obsolescing India Post !
So , head-honchos of India Post asked themselves :
" What business are we in ? "
Answer came :
" We are NOT into business of delivering
postal articles / money-orders .
We are into a business of '
DELIVERY '
Period ! "
Central Government ( the Owner ) agreed
Today , India Post has redefined its " Mission
" as :
" To provide mail parcel , money transfer ,
banking , insurance and retail services
with speed and reliability "
India Post web site goes on to write :
" If your Organization is interested to use
the India Post network for the sale of your products and
services , India Post can help your business grow through ' Retail
Post ' "
I believe RBI is on the verge of enabling India Post to
become a " Payment Bank "
That has got established banks worried !
And wanting to avoid establishing their own delivery
networks costing billions of dollars , Amazons / e-Bays / Alibabas / FlipKarts
/ SnapDeals of the World , want to leverage India Post's network for '
delivering ' products
That will make them " B2C
" retailing e-Com ventures, - riding piggyback on India Post !
If in doubt , consider this :
In the past 12 months , India Post's revenue ,
delivering parcels to end-consumers like you and me , from e-Com ventures
mentioned above , has gone up by a whopping 37 % !
CAIT ( Confederation of All India Traders ) , must have
taken notice of this , " New Kid on the Block " , called India
Post !
As I wrote yesterday , competition is cropping up from
most unexpected quarters !
And if Greek Government is open to privatizing
its postal network , who knows DIPP may soon recommend FDI in India Post - to
add to the Central Government kitty , may be Rs 1,00,000 Crores !
Days of Central Government protecting every kind of
business / industry are over . Above
all , businesses in which Government , itself operates today
War of International Trade ( where India's share is a
meager 1.7 % of World Exports ) , cannot be won by leaning on Government
crutches !
It is time, Indian business / industries learn to
stand-up to the World on their own legs !
-----------------------------------------------------------------------------------
hemen parekh
12 July, 2015
B2BmessageBlaster
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