UPS to open 150 access points in next five years
World’s leading package distribution company United Parcel Service (UPS) will set up 150 access points (UPS Store) in India in the next five years.
US Under Secretary for International Trade Franklin L Lavin unveiled company’s plan to open 150 UPS Stores over next five years here today, while speaking on the first anniversary of the UPS Stores in India.
UPS will rework their India operations once they get rights to set up and operate a hub in Shanghai from 2007 from the Chinese government, said UPS’ Vice President, Public Affairs( Asia Pacific Region), Steven R Okun.
Currently the company is operating eight freighter services from Mumbai through their MD 11 aircraft.
The US Under Secretary, who is currently in India to lead an US business delegation in the just concluded US-India Business Summmit said,”The operations of UPS Stores across India will be a positive step for the booming Indian economy.” UPS opened their second access point in Delhi recently and will be opening their access points in Pune and Bangalore shortly, said Jetair’s CEO, Mahiyar M Sadri.
UPS has a tie-up with Jetair Private Ltd, general sales agent (GSA) for Jet Airways, to augment their supply chain network in India
