FFFAI hosting session in Mumbai to promote INSTC Route

Federation of Freight Forwarders’ Associations in India (FFFAI), in association with Department of Commerce, Ministry of Commerce and Industry, Government of India and Maritime Nation India is organising an interactive business session to popularise the International North South Transport Corridor (INSTC) Route among the potential stakeholders in an attempt to promote the strategic route. The INSTC Conference will be held on September 16, 2017 at International Exhibition Centre, Vashi, Navi Mumbai from 2:00 pm to 03:30 pm.
FFFAI had carried a dry run study and organised three international conferences on INSTC to popularise and promote this route which is an unexplored potential market for exporters and importers in India. “Looking forward we would like to seek more participation from trade and stakeholders on INSTC Route to reach RUSSIA/ CIS countries via Iran with competitive price and lesser time with the development taken place in shipping goods and infrastructure,” said Shankar Shinde, Vice Chairman, FFFAI who is spearheading the INSTC project from the Federation. He also maintained that Indian freight forwarders and logistics companies can substantially benefit from operating on INSTC Route thanks to cost competitiveness.