After receiving the Department of Posts (DoP) approval to market its Remotely Managed Postal Franking Machines in the country FramaAG has announced its entry into the Indian market by launching a series of products. The company will further bring the Swiss mail handling and money handling technology to the Indian market.
Amit Mital, Executive Director of Frama said, “With Frama’s unique remotely managed revenue collection system state governments can easily issue Non-Judicial Stamp Papers and other Stamp Duties instantaneously. This will help them meet the recent Government of India directive to automate the process of issuing Stamp Paper. It is our clear goal to offer our range of products, systems, services and solutions pan- India within the next 2-3 years. While initially we will be importing the machines from Switzerland, in the long run,we are open to the idea of manufacturing Frama products in India.”
He added that the company is planning to build up a nationwide distribution network for sales and service throughout India. Frama tax meters come with the unique dual color stamping feature and thermal impression, which is difficult to copy and thereby, can effectively handle fraud and stamp forging issue.
The company announced the launch of its Matrix Series of mailing products in India such as Matrix F2, F4 and F6 targeting the small office/ home office users.The Department of Posts approval allows vendors to sell their franking systems in the Indian market. Without this approval, no vendor can engage in any marketing activity that could lead to sales.
