In this article, we will discuss International North-South Transport Corridor. So, let’s get started.
International North-South Transport Corridor
- It is a 7,200-kilometre multi-modal transport corridor that combines road, rail and maritime routes, connecting Saint Petersburg (Russia) to Mumbai.
- International North-South Transport Corridor offers a platform for India to collaborate with Russia, Iran, and the Central Asian Republics towards fostering a Eurasian Free Trade Area.
- Once fully operational, INSTC is expected to reduce freight costs by 30% and the journey time by 40% compared to the deep-sea route via the Suez Canal.
