Learn about the companies from the Postal services, telecommunications, radio and television in India
Over the past few years, the Department of Posts of India faced severe losses due to the fewer number of people opting for the postal service due to advanced means of communication.
However, the scenario has now completely changed as the Indian Post is offering a wide range of affordable and accessible services to Indian people through its outstanding and unparalleled networking strategies.
Among the scores of different services of the postal department, are the services like financial services (EFT, IMO, Postal Life Insurance, etc.), also International mail, International EMS, e-Post and e-Bill post, Logistics post and a lot more.
All these measures are proving to be successful enough to recover the losses and to get the postal service back on track.
Due to the growing competitive advancement of tested accounting process and geographical accessibility, India Post has positioned its agency with the Indian Government. The primary aim is to implement the present growth policies. For more improvement, India Post has introduced core banking solution.
The Indian Media and Entertainment (M&E) industry is a sunrise sector for the economy and is making high growth strides.
Over FY 2016-21, radio will likely grow at a CAGR of 16.1 per cent. India’s television industry, is expected to grow at a CAGR of 14.7 per cent. Whereas, the print media is expected to grow at a CAGR of 7.3 per cent.
India is the world's second-largest telecommunications market, with over 1.21 billion subscribers as of July 2017.
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