BUSINESS

India Post signs MoU with CAIT and Tripta Technologies for logistics services


India Post has signed a Memorandum of Understanding with Confederation of All India Traders (CAIT) and Tripta Technologies for logistics services.

The MoU will benefit small and medium traders as they will be able to use India Post as a logistics service provider across the country.

The partnership between India Post, CAIT and Tripta Technologies will provide shipping and the last mile delivery services to CAIT's strong trader base and small and medium business in the unorganised sector.

The MoU marks a significant milestone for taking e-commerce to small towns and rural areas and is expected to benefit thousands of traders.

Speaking on the occasion, Minister of State for Communications Devusinh Chauhan described it as a major initiative to streamline parcel operations of India Post. He said the government has transformed the India Post by expanding service areas and through technology induction.

The Minister added that banking and insurance services have been initiated in India post along with financial inclusion services. 

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