Dear Comrades,
Very soon, your friendly neighbourhood postman will bring along a tablet
computer when he knocks at your door, to carry out all transactions
related to delivery of cash, banking activities and a few more.
Infosys’ Vice-President and Head for India Business Raghu Cavale told Business Line
that India Post is in talks with the IT major to source hardware and
software for the next phase of its computerisation. This project will
involve sourcing of low-cost 7-inch and 10-inch tablets and the
development of apps for them. Infosys will also develop intellectual
property (IP) out of its Bangalore office for these apps.
While the tablets will be used by the postman to enter data such as
digital signatures and a delivery challan, the apps will be used by
India Post to update its backend database in real time, helping it cut
down on errors and fraud. India Post covers about 200 million customers
across India and offers small savings schemes, postal life insurance,
rural postal life insurance, pension payments and wage disbursements.
The postal department is looking at these solutions as a part of its
modernisation drive and to increase operational effectiveness.
Growth forecast
On its part, Infosys sees its India business growing to about $1 billion
in the next four years. It recently bagged a key IT outsourcing and
consulting deal with India Post and another deal from the Income-Tax
Department for its electronic TDS division.
At present, the India operations of Infosys contribute 2 per cent of its
$7-billion revenues but the software major considers India one of its
key emerging markets. This importance can be gauged from the fact that
Infosys’ India business is one of the four verticals within Infosys that
reports to the board directly.
The India Post project, which Infosys bagged recently, is worth Rs 700
crore. This project is aimed at spreading financial services across 1.5
lakh post offices in the country. As part of the project, Infosys will
also install 1,000 ATMs for India Post to increase the effectiveness of
its delivery channel.
The Hindu Business Line