Tag: India

DHL-CIAe International Fashion & Exports Awards at NCPA

Posted by | Nov 5, 2007 | |

The Indian market is expected to double by 2010 and further double by 2015 on account of buoyant economy, growing purchasing power and increase in retail activity, according to a recent report by a leading management consulting company.

Among the top three challenges critical for growth are retail environment, regulatory clearances and talent. CIAe has partnered with DHL, to address one of the most critical challenges facing development – talent crunch.

CIAe in association with DHL is organizing DHL-CIAe International Fashion & Exports Awards Nite at NCPA in Mumbai where students from 22 Fashion Institutes from all over the country have been invited to participate by presenting their latest collections.
Applications from the leading fashions institutes in India and the following have been short listed to present their ensembles – National Institute of Fashion Technology, Pearl Academy, J.D. Institute of Fashion, B.D. Somani,, Sophiya Inst, Wigan & Leigh among others.

“Today Indian products have a high level of acceptance in the global markets but finding the right talent in all industries, is a big challenge,” says said Mr. Christoph Remund, Chief Operating Officer, DHL Global Forwarding.

“With shifts in global sourcing and the ever-changing dynamics of world trade, the fashion industry needs a proven transportation and logistics network to rapidly respond to market demands” Mr. Remund added.

According to the Textile Ministry’s projections the total production of apparel industry in the year 2011-12 is projected to be Rs. 2,99,300 crores. Rs. 1,53,100 crores (US $ 34.02 billion) is expected from exports with the domestic market expected at Rs. 1,46,200 crores.

Read More

Cabinet considers FDI cap in couriers

Posted by | Oct 31, 2007 | |

This is one mail courier companies would be praying is returned to the sender. A Cabinet note circulated by the department of posts has mooted 49 pct cap on FDI in courier business.

If the proposal goes through, multinationals like Fedex, DHL, UPS and TNT who hold more than 49 pct in Indian ventures will have to pare stake. The draft of the Indian Post Office (Amendment) Bill has another whammy in store for the private sector.

It proposes to make letters, parcels and packets weighing up to 150 gm the exclusive preserve of India Post. Private players will have to charge 2.5 times the tariff specified by Speed Post to operate in this segment.

The proposal to amend the Indian Post Office (Amendment) Act has been revived despite opposition from other government departments and the courier industry. A source said posts secretary I M G Khan has sent a communication on the proposed changes to department of industrial policy & promotion (Dipp) secretary Ajay Shankar.

The proposals specify that a person eligible to seek registration for operating in the mail sector has to be a company in which not less than 51 pct of the paid-up share capital is held by the citizens of India.

The draft Bill has been sent to the Cabinet and, once approved, the government can introduce the Bill in Parliament, source added.

The private courier companies had vehemently opposed the amendments earlier too. “In an era of free economy, if the country is embracing any legislation of such nature, it would send a wrong image internationally and it would also wipe out a vibrant part of our economy,” EICI had said in a communication to telecom minister A Raja.

Read More

Emirates Post, India Post in tie-up to offer money transfer

Posted by | Oct 25, 2007 | |

UAE’s Emirates Post and India Post have inked a Memorandum of Understanding (MoU) to enable UAE residents to transfer money to India through India Post’s vast postal network.

The MoU was signed recently in New Delhi by Salem Al Shaya, Assistant Director General, Operations, Emirates Post and Faiz-Ur-Rehman, Director General of India Post, during a recent visit of an Emirates Post delegation.

The move is aimed at helping UAE residents send money to their relatives by using the secure UPU-approved IFS system that will ensure delivery of money to every corner of India at reasonable rates. India has a network of 155,333 post offices, the largest in the world, covering the remotest corners of the country.

An India Post delegation will be visiting UAE next month to view Emirates Post’s facilities and arrangements, including IT systems, before implementing the system, said a press release.

Both sides expressed satisfaction at the level of cooperation between India and the UAE, and identified new areas, including parcels, Mumtaz and the Mail Transit hub in Dubai, to take the cooperation to the next level. The Emirates Post delegation included Saif Al Shehhi, Operation Director, and Nasser Qadoumi, consultant, postal services.

“The UAE and India has always had friendly relations in all fields, including postal areas,” said Salem Al Shaya. “As we have a large number of Indian customers, our efforts are focused on introducing better and more attractive products for them. This MoU is a significant development that will benefit hundreds of thousands of people in the India.”

Read More

Emirates Post and India Post in tie-up to offer money transfer through Indian postal network

Posted by | Oct 24, 2007 | |

The MoU was signed recently in New Delhi by Mr. Salem Al Shaya, Assistant Director General, Operations, Emirates Post and Mr. Faiz-Ur-Rehman, Director General of India Post, during a recent visit of an Emirates Post delegation.

The move is aimed at helping UAE residents send money to their relatives by using the secure UPU-approved IFS system that will ensure delivery of money to every corner of India at reasonable rates. India has a network of 155,333 post offices, the largest in the world, covering the remotest corners of the country.

Both sides expressed satisfaction at the level of cooperation between India and the UAE, and identified new areas, including parcels, Mumtaz and the Mail Transit hub in Dubai, to take the cooperation to the next level. The Emirates Post delegation included Saif Al Shehhi, Operation Director, and Nasser Qadoumi, consultant, postal services.

The two sides appointed teams to thrash out different issues before converting the agreement into an agreement. An India Post delegation will be visiting UAE next month to view Emirates Post’s facilities and arrangements, including IT systems, before implementing the system.

‘The UAE and India has always had friendly relations in all fields, including postal areas,’ said Mr. Salem Al Shaya. ‘As we have a large number of Indian customers, our efforts are focused on introducing better and more attractive products for them. This MoU is a significant development that will benefit hundreds of thousands of people in the India.’

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest