Forum Super Search
 ♦ 
×
HashTag:
Member:
Posting Date From:
Posting Date To:
Train Type:
Train:
Station:
ONLY with Pic/Vid:
Sort by: Date:     Word Count:     Popularity:     
Public:    Pvt: Monitor:    RailFan Club:    

Search
  Go  
Full Site Search
  Search  
 
Tue Jan 23, 2018 16:17:29 ISTHomeTrainsΣChainsAtlasPNRForumGalleryNewsFAQTripsLoginFeedback
Tue Jan 23, 2018 16:17:29 IST

Blog Entry# 2030358
Posted: Oct 20 2016 (16:19)

1 Responses
Last Response: Oct 20 2016 (16:19)
  
Rail News
0 Followers
502 views
New Facilities/Technology
Oct 19 2016 (12:17)   Indian Railways exploring tie-ups with e-commerce companies to become logistics partner - Infracircle
 

AKS®⭐^~   55 news posts
Entry# 2030358   News Entry# 283445         Tags   Past Edits
t a time when the Indian Railways and India Post are exploring ways to collaborate for parcel delivery business, the carrier is separately exploring options to tie up with e-commerce companies.
The railways has hired management consulting firm Technopack Advisors Pvt. Ltd to chalk out the contours for these tie-ups.
The parcel delivery business has seen a multi-fold increase in the past couple of years given e-commerce companies witnessing demand emanating from smaller towns and rural areas.
“We
...
more...
are looking at e-commerce business and are in talks with Amazon, Flipkart and Snapdeal. They are extremely keen for tie up. Amazon, for example, has fulfilment centers where you store products and they can be picked up from there. Trains are connected to all these centres and we can be the logistics partners,” a senior official at the ministry of railways said requesting anonymity.
The e-commerce sector in India is expected to grow to $119 billion by 2020 with a total of 320 million shoppers, according to a Morgan Stanley report. The railways plan to leverage the increased logistical requirement by e-commerce companies.
Though the railways and India Post—which already has tie with e-commerce companies for delivery of parcels given its huge network including rural areas—are exploring a possible tie up, the plan is getting delayed due to differences in opinion, as reported by InfraCircle on 16 September.
According to the official quoted above, the Indian Railways is targeting revenues of up to Rs.500 crore in the next three years through these tie-ups.
The railways have taken a slew of measures to increase its non-fare revenue and estimates advertising potential in excess of Rs.5,000 crore over the next few years. The carrier aims to increase its non-fare revenue from the current 5% to 10-20%.
“We can actually work as a logistics partner and go beyond that. We will offer them access to our passengers as well so that they can sell products on trains. Its huge money and according to Technopack, we are looking at Rs.300-500 crore in the next three years,” the official said.
The national carrier’s information technology wing, Centre for Railway Information Systems (CRIS) which develops technology solutions and applications for Indian Railway Catering and Tourism Corp. Ltd, is the technical partner to tap into passenger data available with the latter. The Indian Railways carries around 23 million passengers every day.
“Demand will be an important factor. We are offering them the entire railway network to transport products. We will create fulfilment centers at stations so that anyone can come and pick up products from there. They can also come up with a model of their own. If we deliver goods at the fulfilment centres, companies can have local people deliver products,” a second railway official said requesting anonymity.
The official added it reduces logistics cost for the e-commerce companies as well.
Queries emailed to the spokespersons of Snapdeal, Flipkart, Technopak and the railway ministry on 16 October, and the ministry of communications and information technology, under which India Post operates, on 17 October remained unanswered. An Amazon spokesperson, however, denied being in talks with the railways.
According to experts, the railways should analyse the business model for this carefully.
“The railways should evaluate whether it is worth the time and money and it could do it on an experimental basis. All these initiatives are fine but let railways not forget that unless they play the role of a national logistic aggregator, their freight traffic will not increase. And it must increase their freight basket,” said former Indian Railways’ Accounts Service officer Akhileshwar Sahay.

  
1210 views
Oct 20 2016 (16:19)
For Better Managed Indian Railways~   1933 blog posts
Re# 2030358-1            Tags   Past Edits
Smart move by IR. Volumes of E commerce is growing leap and bounds and timely partnership could bring in rich dividends to IR.
But E commerce would like to have time tabled delivery to destination with very good parcel tracking mechanism, which IR has to ensure.

ARP (Advanced Reservation Period) Calculator

Reservations Open Today @ 8am for:
Trains with ARP 10 Dep on: Fri Feb 2
Trains with ARP 15 Dep on: Wed Feb 7
Trains with ARP 30 Dep on: Thu Feb 22
Trains with ARP 120 Dep on: Wed May 23

  
  

Rail News

New Trains

Site Announcements

  • Entry# 2547009
    Oct 16 2017 (10:21PM)


    As per the recent post , the new Pax Login feature has now been introduced. Here are the details of the feature set. . 1. Now you may login to the site as a Member or a Passenger, or BOTH Member & Passenger at the same time. Passenger login is called "Pax Login"...
  • Entry# 2517609
    Oct 11 2017 (09:33AM)


    As detailed here , last month, some changes were made to the PNR section. In the next phase of this rollout, we shall be further separating "Passengers" from "Members". . 1. "Passengers" will be able to login using ONLY their PNRs (no password). We shall have a Pax Login above the current...
  • Entry# 2418661
    Sep 25 2017 (07:09AM)


    @all: There are some changes coming to the PNR Forum. 1. All PNRs will be anonymized, i.e. you won't see who posted the PNRs or search PNRs by Traveller. This is to better protect the confidentiality of travelling members and their travel plans. However, members will still be able to search their OWN...
  • Entry# 2409730
    Sep 15 2017 (11:46PM)


    In recent times, the number of FM Complaints regarding "targeting me", "offensive content", "sarcastic comment", "bashing", etc. have been increasing. This has led to increased censorship and throttling of open discussions. . This is a clarification that this site is meant for a FREE EXCHANGE of ideas. Some arguments/debates/disagreements/jokes/sarcasm are ALLOWED and are...
  • Entry# 2390218
    Aug 25 2017 (12:59PM)


    There has been a partial rollout of a modification to Timeline entries. The implementation will be complete within a week. 1. Void & RAC buttons have been removed. . 2. TL Entries can now be Edited and Fixed by the original updater, if there are errors. So there is no need to Void TLs...
  • Entry# 2175399
    Feb 23 2017 (01:22PM)


    There has recently been a lot of frustration among RFs when their Station Pics, Loco Pics, Train Pics get rejected because the "number is not showing", "shed is not visible", the loco/train is at a distance, Train Board is too small, "better pic available", etc. . To address this issue, effective tomorrow, ALL...
Scroll to Top
Scroll to Bottom


Go to Mobile site
Disclaimer: This website has NO affiliation with the Government-run site of Indian Railways. This site does NOT claim 100% accuracy of fast-changing Rail Information. YOU are responsible for independently confirming the validity of information through other sources.