BENGALURU, July 19, 2022 – UPS (NYSE:UPS) today announced an expansion of its global smart logistics network with a new airport gateway facility in India at Kempegowda International Airport, Bengaluru (BLR). With this added capacity, a new Boeing 747-8 flight will now be able to further connect our customers in India with more international trade opportunities in Asia, Europe and the Americas.
“Customers are at the core of our strategy and we’re on a mission to deliver what matters for them,” said Deepak Shrivastava, UPS Managing Director for Indian Subcontinent. “According to the Ministry of Commerce and Industry, for the first time, in financial year 2022, exports have surpassed $400 billion, demonstrating the strength of India’s supply chains and the resilience of its small businesses. We’re here to support that growth.”
This is UPS’s second dedicated airport gateway facility in India after opening its Delhi airport gateway in 2020 and another example of how UPS is empowering local businesses to grow, expand to new markets and compete globally. The Bengaluru facility will provide in-house customs clearance and serve as a cross-border trade link for southern India, giving customers an extended pick-up time of up to two hours, while strengthening supply chains for cross-border trade.
The new flight and airport gateway follow the launch earlier this year of a new logistics brand for the Indian market, MOVIN, which is a joint venture between UPS and InterGlobe Enterprises to serve the needs and demands of the fast-paced Indian market.
“We look forward to welcoming UPS’s 747-8 aircraft, further connecting Bengaluru to the world,” said Satyaki Raghunath, Chief Strategy & Development Officer at Bangalore International Airport Ltd. “Our airport is on track to become a world-class cargo hub powered by leading global logistics provider like UPS, who are meeting the exponential growth of e-commerce and boosting trade for businesses in southern India.”
With the new flight scheduled to pass through BLR five times a week, and with six weekly flights coming into Delhi, the opening of the Bengaluru gateway almost doubles the number of flight rotations for UPS in India. The 747-8 is the largest aircraft in the UPS fleet, which means more capacity with a payload of 307,000 pounds, translating to lower emissions with fewer flights needed. By using owned aircraft, UPS also gives businesses the peace of mind they need when dealing with supply chain complexity. The UPS air network features a fleet of almost 600 aircraft delivering to over 220 countries and territories around the world.
This is the third year in a row that UPS has introduced new flights into its network, after services to and from Hanoi and Ho Chi Minh City in 2020, and to and from Osaka Kansai, to and from New Delhi and Cologne and Naples/Milan and Cologne in 2021.
UPS (NYSE: UPS) is one of the world’s largest companies, with 2021 revenue of $97.3 billion, and provides a broad range of integrated logistics solutions for customers in more than 220 countries and territories. Focused on its purpose statement, “Moving our world forward by delivering what matters,” the company’s 534,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to reducing its impact on the environment and supporting the communities we serve around the world. UPS also takes an unwavering stance in support of diversity, equality, and inclusion. More information can be found at www.ups.com, about.ups.com and www.investors.ups.com.