India Post to evolve into a public logistics giant, boosting rural economy and expanding services by 50-60% in the next 3-4 years.
India Post is set to undergo a major transformation, with plans to shift its focus towards becoming a large public logistics company. The initiative, announced by Communications Minister Jyotiraditya Scindia in September 2024, aims to increase India Post’s revenue by 50-60% over the next 3-4 years.
With its vast infrastructure, including 150,000 rural post offices and 240,000 Dak Sewaks, India Post will act as a catalyst for the rural economy, bridging critical supply chain gaps for MSMEs, agricultural entrepreneurs, and rural artisans. The government has allocated Rs 27,099 crore for the department’s expansion in FY26, up from INR 25,793 crore in FY25.
In addition to logistics, India Post will expand services such as rural community hubs, direct benefit transfers, credit services for micro enterprises, and assisted digital services. The push for high-speed internet through the BharatNet programme will also enhance connectivity in rural areas, supporting the initiative’s growth.
Source: Financial Express