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Wednesday, March 27, 2013

Swiss firm gets postal dept nod to sell franking machines

Frama AG, a Swiss mail handling and data management solutions company, on Thursday announced its formal entry into India. The company said it would market its franking machines in the country, along with other products, such as letter openers, folders, and tax meters.
The Swiss company said it had received the Department of Posts (DoP) approval to market its postal franking machines in India and was approaching State Governments, including Maharashtra, Gujarat, Uttar Pradesh, Uttarakhand, Jharkhand, Karnataka and Andhra Pradesh.
Amit Mittal, Executive Director, Frama India, said that since the company was recognised by the DoP as a manufacturer, supplier and maintainer of postal franking solutions, the Frama systems would provide customers easy access to India’s postal services and would also open up postal discounts.
Franking machines automatically stamp letters or packages and compute the total charges. Mittal said the company was targeting all corporate organisations and offices that need to send out bulk mails.
He said Frama was also looking at bringing State Governments on board for their tax meters, which would help automate the revenue collection process.
Mittal said that the tax meter machines would electronically generate and verify stamp papers, while also maintaining a complete audit trail. This is expected to cut the time required for generating stamp papers. 
Source : http://www.thehindubusinessline.com

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