NEW DELHI: IndiGo founder-promoter Rahul Bhatia’s travel conglomerate InterGlobe Enterprises (IGE) has tied up with UPS to create a new JV logistics brand in India, MOVIN.
A joint statement by the two said “MOVIN will offer a range of extensive express and premium service coverage across India with a strong portfolio of B2B domestic services including a day-definite, as well as express, time-definite solutions, which will give businesses better predictability and greater competitiveness to swiftly integrate into the global value chain.” MOVIN “is a combination of movement and India.”
Headquartered in Gurugram, MOVIN launched operations on Thursday in a phased manner and will ramp up in July of 2022 starting with Mumbai, Delhi NCR and Bengaluru and then expand to other cities.
IGE director J B Singh said: “India’s growth towards a $5 trillion economy will be largely supported by the growth of local businesses and logistics which are key contributors to India’s economy. I am confident that InterGlobe’s deep understanding of the Indian market, combined with UPS’s 114 years of logistics expertise will make this venture a success… our foray into logistics with MOVIN will contribute significantly to the rapid development and growth of businesses in India. We look forward to enabling and facilitating trade, commerce and employment through this venture.”
“The powerful simplicity of MOVIN’s service experience is based on the brand’s people-centric and performance-driven approach that will empower us to deliver outstanding customer experiences to businesses across India,” Singh added.
Ufku Akaltan, UPS president (Indian subcontinent, Middle East and Africa), said: “UPS is excited to launch this new venture with InterGlobe Enterprises. Together we will empower local businesses to grow and connect them to trade opportunities around the world. With a strategy of customer first, people led, innovation driven, UPS further expands its global network, including healthcare solutions, through a unique partnership that creates a suite of services to serve B2B customers’ need to grow.”
