With GDP projected to expand annually by 7.6% through 2021 and the largest population in the world by 2024 with a vibrant middle class, India’s e-commerce market value is projected to grow by 30% annually to a total of USD 200 billion by 2026. Large e-commerce marketplaces, including Amazon, eBay, Alibaba and local players, are investing heavily in India to support this growing market.
A.N. Nanba, the Secretary Posts (CEO), India Post, and his executive team recently met with the EMS Cooperative Chairman and UPU EMS Unit management to ensure continuous improvement of EMS to build on India Post’s impressive EMS export growth to date and ensure it is ready to handle the expected growth in volume due to these favorable market indicators.
Following an in-depth EMS Performance Review conducted by the EMS Regional Coordinator Asia-Pacific, India Post has committed to executing an ambitious action plan scheduled for completion by the end of 2018 to ensure India’s International Speed Post (EMS) is fully prepared for the expected growth of EMS e-commerce traffic.