India Post to boost e-comm exports

The Centre has expanded India Post's global footprint by adding 50 new nations across Africa, Europe, Central Asia and West Asia to boost e-commerce exports, as it looks to diversify overseas markets for domestic goods hit by steep US tariffs, according to two people aware of the matter.

- Dhirendra Kumar

The expansion by the world’s largest postal network of its International Tracked Packet Service (ITPS) to nontraditional markets comes in the backdrop of the Indian government planning to soften its stance on e-commerce rules for exports, as it considers allowing FDI in inventory-based e-commerce models, but only for export purposes. India has about 165,000 post offices.