The railways parcel business is all set to get an e-commerce push with the national transporter planning a special scheme to attract online retailers that use road transport to transfer heavy volumes.
The railways earns around Rs 2,100 crore from its parcel business, which could go up to Rs 5,000 crore in three years if it manages to tap the emerging businesses. The move comes at a time when the railways is battling its worse financial crisis ever. It reported an operational ratio of 93.5 per cent in 2013-14, leaving it with little funds to finance upgrade and modernization of rail infrastructure.
Railways to engage Amazon, Flipkart to expand parcel business - The Times of India
The railways earns around Rs 2,100 crore from its parcel business, which could go up to Rs 5,000 crore in three years if it manages to tap the emerging businesses. The move comes at a time when the railways is battling its worse financial crisis ever. It reported an operational ratio of 93.5 per cent in 2013-14, leaving it with little funds to finance upgrade and modernization of rail infrastructure.
Railways to engage Amazon, Flipkart to expand parcel business - The Times of India
and also they need to hire some good pvt company for pentry also
