UPS Announces Additional Investment in India With Full Ownership of Express Services

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- UPS announces full ownership of express services unit in India
- Following the opening of new facilities in Hyderabad and Ahmedabad, UPS consolidates and strengthens its position in India
"The World Bank tells us that the global economy will expand by $6.5 trillion between 2017 and 2019. India will be the third-highest growth country with its gross domestic product (GDP) expected to account for 8.6% of this expansion[1]. In recent years, India has emerged as a key player in the shipping and logistics sector and UPS is poised to play a leading role in supporting international trade and supply chain related needs," said Rami Suleiman, UPS President for Indian subcontinent, Middle East and Africa (ISMEA). "Full ownership in our international small package express business in India will position UPS for its next phases of expansion in India and the region."

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