India Post to launch own e-commerce portal like Amazon or eBay.

Towards taking a directly step into the cyber world, India post is going to launch its own e-commerce portal in the shape of those like Amazon or eBay soon. The aggressive step of India Post, world’s largest postal service, is a part of its massive IT based modernization initiative worth Rs 5,000 crore.

Planning and designing phase now, the final rollover of the dedicated postal e-commerce portal may take another 6 months. But we are excited about this new avatar in our service basket,” Mr. John Samuel, member of Postal Services Board told ET.As he describes, the portal will be like popular e-commerce entities like Amazon or eBay. A conduit between buyers and sellers. But, it is not going to be entirely open for any item to be traded by anyone.
India Post is Tying up with different controlling authorities like Spices Board, Tea Board, or cashew Board to ensure ‘quality trading of quality items only’- as Mr. Samuel puts it.In addition to the physical products, services of different public sector are also being planned to be included into the tradable items of the portal.
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