UPS and InterGlobe Enterprises, an Indian travel and hospitality conglomerate, announced a joint venture on Thursday to launch MOVIN, a new logistics brand to serve the needs and demands of the Indian market.
MOVIN–a combination of Movement and India–will offer a range of extensive express and premium service coverage across India with a strong portfolio of B2B domestic services. These include day-definite and express time-definite solutions that will give businesses better predictability and greater competitiveness to swiftly integrate into the global value chain.
India’s rapidly developing economy and the demand of the business community for robust logistics solutions presents a significant opportunity and MOVIN is well positioned to provide efficiencies, stronger distribution channels, advanced technology and apply global best practices, the companies said.
“India’s growth toward a $5 trillion economy will be largely supported by the growth of local businesses and logistics, which are key contributors to India’s economy,” JB Singh, director of InterGlobe Enterprises, who will oversee the new brand. “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. We are certain that 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.”
Leveraging UPS’s global logistics expertise with InterGlobe’s deep understanding of the Indian market, MOVIN will build technology-backed solutions that will link companies across the country to international businesses with speed, reliability and enhanced digital customer experience, the companies noted. MOVIN 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.
“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,” said Ufku Akaltan, UPS president of Indian subcontinent, Middle East and Africa. “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.”
Headquartered in Gurugram, MOVIN is focused on a phased operational launch and will ramp up in July, starting with the Mumbai-Delhi National Capital Region, and Bengaluru, with more expansions to other metros and cities across the nation to follow.
UPS had 2021 revenue of $97.3 billion, providing a broad range of integrated logistics solutions for customers in more than 220 countries and territories. InterGlobe, through its various businesses, employs more than 27,000 professionals across 115 cities globally.