The International North South Transportation Corridor (INSTC), which will connect Mumbai and Saint Petersburg in Russia is set to be become operational by mid-January 2018, according to a report by The Economic Times.
While the project, which has been 17 years in the making, will kick-start with the first consignment from India to Russia next month, it will only become fully operational in few months after its formal operationalisation.
The report also states that all key stakeholders have undertaken hectic preparations to firm up all elements of the corridor including a Russian railway operator, which is expected to play key role in the project. Read More…
Latest posts by Moneycontrol.com (see all)
- ONGC Shortlists Three Oil Service Majors To Lift Output From Two Fields - February 21, 2018
- Cabinet To Vet Rs 48,000 Cr KUSUM Scheme For Solar Power By March - February 20, 2018
- Cargo Traffic At 12 Major Ports Up 4.58% At 561 MT In Apr-Jan - February 19, 2018