Container Corporation of India Ltd. (Concor), a major railway container operator in India and JSC RZD Logistics, the biggest multi-modal logistics operator over the region of the CIS and Baltic countries, signed a Memorandum of Understanding in the presence of representatives of the Embassy of India in Moscow. The Memorandum purports to exploring opportunities of developing joint logistical projects both in India and in Russia using international transport corridors, to include, in particular, the International North South Transport Corridor.
The Memorandum was signed from the side of RZD Logistics by its CEO Mr. Vyacheslav Valentic, from the side of Concor Corporation – the Chairman & Managing Director Shri Kalyana Rama. As per the arrangements reached the signatories intend first of all to set up for joint enhancement of Russian-Indian logistical cooperation, developing prospective projects related to container trans-shipment between the countries as well as designing new top-quality logistical services, including those aiming at further efficiency improvement of the INSTC route, which is run in terms of container operations by RZD Logistics.
