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Rachid Fergati to take charge as MD of UPS’ Indian sub-continent

September 21, 2017: UPS has roped in Rachid Fergati as Managing Director for Indian subcontinent which includes India, Sri Lanka, Bangladesh, Nepal and Maldives. He is responsible for driving inclusive growth across these markets and overseeing operations in India.

Rachid Fergati to take charge as MD of UPS’ Indian sub-continent
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September 21, 2017: UPS has roped in Rachid Fergati as Managing Director for Indian subcontinent which includes India, Sri Lanka, Bangladesh, Nepal and Maldives. He is responsible for driving inclusive growth across these markets and overseeing operations in India.

“The rise of the middle class in Indian Subcontinent countries is driving e-commerce growth and international trade, creating opportunities for UPS to help middle market businesses expand globally,” said Jean-Francois Condamine, UPS President of the Indian subcontinent, Middle East & Africa district. “With India now among the fastest growing start-up nations in the world with over a third of the founders under 35 years old, Rachid will lead our efforts to deliver new and enhanced capabilities that make our customers and company more successful.”

Aged 38, Fergati is the youngest managing director for UPS in India and is expected to bring creative and innovative solutions to his new role. He also brings extensive experience from the Middle East and Europe markets. Previously, Fergati was the Country Manager for the Middle East responsible for managing and growing the businesses in the United Arab Emirates (UAE), Bahrain, Oman, Kuwait and Qatar. His focus on service delivery, customer satisfaction and a culture of innovation and precision delivered double-digit growth results. During his tenure, UPS launched operations in Kuwait and restructured the small package business and opened three new facilities in the UAE.

“The growth outlook of India’s logistics sector is very positive, according to the estimates provided by The Associated Chambers of Commerce and Industry of India (ASSOCHAM). It is expected to become a $307 billion industry by 2020,” Fergati said. “The Make In India initiative, encouraging companies to invest and manufacture in the country, is a global cornerstone for commerce. I am extremely encouraged by the dynamism and passion of my colleagues here at UPS and ready to help customers and the national economy reach their potential in growth.”

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