Russia’s RZD, CONCOR Ink Pact for Faster Movement of Cargo via North-South Corridor

CONCOR International Marketing Director S. Swarup and RZD Logistics CEO D.I. Murev after signing Agreement in New Delhi. (photo courtsy     Russian Federation Trade Mission in India)

Container consignment currently takes 45-50 days to cover between India and Russia. However, the International North South Corridor (INSC) will enable the cargo to reach between 25-30 days.

“Maybe Indian onions will be able to reach faster to St Petersburg, Moscow and all. I met Indian diaspora in Russia and they said Indian onion has a lot if demand there. But since the cargo takes so mich time, it can’t reach there now,” V Kalyana Rama, Managing Director, CONCOR said.

The new arrangement will also boost bilateral Indo-Russian trade.