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Published 2 months ago

INSTC played a major role in pushing Russia-India trade volume in 2023: RZD CEO

Summary by Times of India

The International North South Transport Corridor (INSTC) has contributed to a record rate of trade and economic cooperation between Russia and India. In the 2022-2023 financial year, exports from Russia to India increased by 4.7 times. The activation of INSTC has played a significant role in this growth, reducing the net cost of transportation services along the Eastern route by 50%. All three branches of INSTC are operational, connecting variou…

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INSTC played a major role in pushing Russia-India trade volume in 2023: RZD CEO

The International North South Transport Corridor (INSTC) has contributed to a record rate of trade and economic cooperation between Russia and India. In the 2022-2023 financial year, exports from Russia to India increased by 4.7 times. The activation of INSTC has played a significant role in this growth, reducing the net cost of transportation services along the Eastern route by 50%. All three branches of INSTC are operational, connecting variou…

2 months ago·India

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