India Posts and the eTail Boom
If the "MAKE IN INDIA" slogan of Modi needs to be applied, we need to ensure we have some strong Indian companies that start to compete with the likes of those big organizations that capture mind and market share. One such opportunity is for India Posts, a Govt operated postal system in India India is on the verge of a etail boom - the Flipkarts, Amazon, eBay and Snapdeal have grabbed a high mindshare and market share [expected to be a $13 bn market as per Reuters and Online retail sales are expected to surge to $76 billion by 2021, according to consultants Forrester ] in the Indian Market this festive season. There is not a single day that I do not see a truck come into my apartment with goods ordered from any of these providers. Add to them, providers like Jabong, Yep-me, 100best-buy, and the etail market has instantly hit the physical stores and have moved the customers to shop from the comfort of their home or office. More importantly they have been a catalyst for ...