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Ups investment: UPS to spend up to $20 million on its first India tech centre

Global logistics giant UPS will invest between $15-20 million to set up a technology centre in India. This is the first of its type centre that the Georgia-based logistics giant is setting up in the South Asian region.

We typically move about 6% of US GDP (gross domestic product) every day, and 3% of international GDP every day. That’s the scale at which work, and technology is at the heart of it and the bulk of the technology is largely sitting in Europe and the US. What we’re building right now in India is a development centre for technology which will effectively support and help to create capabilities that are already been implemented both globally,” said Bala Subramanian, EVP and chief digital and technology officer, UPS.

This facility will commence operations in August this year and will have the capacity to house around 450-500 employees. The hiring process will start soon and at its full will hire 1,000 employees. UPS aims to operate the centre at full capacity by 2025.

Bala Subramian said that the centre will mainly cater to operational technology and interface technology such as finance, HR, legal capability.

“Today we are able to do it across the globe such as in Europe and US. But our needs are getting faster than what we can hire. So why not actually build in India?,” he said.

After a long hiatus, UPS is rapidly expanding its presence in India. In 2022, UPS strengthened its network with the opening of a second dedicated airport gateway in Bengaluru. Combined with its largest facility in India at Delhi airport, UPS has doubled its export and import handling capacity.

UPS also launched MOVIN Express for India’s domestic logistics market, in partnership with Rahul Bhatia-owned InterGlobe Enterprises which operates India’s largest airline IndiGo. In less than a year, MOVIN Express has expanded to 49 cities and 3,000 pin codes in India.

Apart from other services, Movin is going to launch a service called ‘Next Flight Out’, in which it will transport cargo on airlines, and use services including of IndiGo. MOVIN is also establishing ten hubs across the country with the most recent one being in Bhiwandi.

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