Logistics towards India taking form

05.07.2015

Logistics towards India taking form

At a meeting in mid-June between the President of the Kazakh Railways KTZ, Askar Mamin, and the Indian Minister of Shipping and Highways Nitin Gadkari and Railway Minister Suresh Prabhu, the development of efficient logistics chains to guarantee the goods flows between India and the major markets of the Eurasian continent was the main topic.   Special importance is attributed to the new north-south railway corridor Kazakhstan-Turkmenistan-Iran with subsequent sea transport to India. According to Mamin, a logistics route is being set up at this time for the transport of goods from and to India via the ports of  Mundra, Bandar Abbas through Iran, Turkmenistan and Kazakhstan.

In order to finance transport logistics projects directly on Indian territory as part of the regional expansion of its activities, KTZ signed a contract with the Russian Sberbank in June.

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