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.
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