InterGlobe, UPS tie-up to launch logistics brand

NEW DELHI: Rahul Bhatia-led InterGlobe Enterprises and Atlanta-based logistics major UPS on Thursday announced a joint venture to cater to the Indian market.

The joint venture, MOVIN, will be based out of Gurugram and have representation from both UPS and InterGlobe Enterprises.The entity will offer a range of B2B logistics services in the domestic market.

MOVIN will offer day-definite as well as time-definite solutions, which would help businesses integrate into the global value chain with better predictability and competitiveness.

“India’s aim to become a $5 trillion economy will be supported by the growth of local businesses and logistics, which are key contributors to India’s economy. InterGlobe’s deep understanding of the Indian market and UPS’s 114 years of logistics expertise will make this venture a success,” said InterGlobe Enterprises director J.B. Singh. The foray into logistics with MOVIN will contribute to the rapid development and growth of businesses, especially small and medium enterprises, in the country, he said.

Leveraging UPS’s global logistics expertise and InterGlobe’s understanding of the Indian market, MOVIN will build technology-backed solutions to link companies across the country to international businesses with speed, reliability and enhanced digital customer experience.

It will offer seamless integration across air and ground networks to B2B customers, enabling an uninterrupted flow of goods backed by consistent, predictable and responsive operations. ” Together we will empower local businesses to grow and connect them to trade opportunities around the world,” said UPS president Indian subcontinent, Middle East and Africa,Ufku Akaltan.