Concor to take INSTC route for Russia to save transit time and cash

INSTC is a 7,200 km-long multi-mode network of ship, rail and road routes covering 13 countries

In a move that will bring down the transit time between India and Russia from around 50 days to 25 days, Container Corporation of India (Concor) will start using the International North-South Transport Corridor (INSTC) this year. This is expected to cut transportation costs by around 30 per cent.

“The route will be operational for Concor within three months and importers and exporters from both countries will be able to make use of it. There are a lot of goods, including pharmaceuticals, vegetables like onion, spices and tea from India that have huge demand in Russia,” said V Kalyana Rama, chairman