Benchmarks Nifty24,287.65-78.35FEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return23.43 % Invest NowEnter search text:HomeETPrimeMarketsMarket DataNewsIndustrySMEPoliticsWealthMFTechAICareersOpinionNRIPanacheThe Economic Times daily newspaper is available online now. Read Today's Paper Boosting connectivity with Russia: India plans to send first cargo ship along Northern Sea Route in 2027SECTIONSBoosting connectivity with Russia: India plans to send first cargo ship along Northern Sea…
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Boosting connectivity with Russia: India plans to send first cargo ship along Northern Sea Route in 2027
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Boosting connectivity with Russia: India plans to send first cargo ship along Northern Sea Route in 2027
Dipanjan Roy Chaudhury
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Synopsis
India plans its first cargo ship voyage along the Northern Sea Route next year. Russia’s Arkhangelsk region is discussing economic potential and collaboration with New Delhi. Opportunities include shipbuilding and utilizing port facilities for cargo movement. The Northern Sea Route offers significant distance and time savings for European trade. This initiative further strengthens existing connectivity and trade between India and Russia.
ANIBoosting connectivity with Russia: India plans to send first cargo ship along Northern Sea Route in 2027
India plans to send its first cargo ship along the Northern Sea Route (NSR) next year, with Russia’s Arctic region of Arkhangelsk holding negotiations with New Delhi to leverage the economic potential of the route.
For India, the NSR, also known as the Arctic Route, is truly starting to take on a new dimension, remarked Aleksandr Tsybulsky, the governor of Arkhangelsk region. He was speaking to RT, the state-funded news television network, on the sidelines of the ‘Arctic – Regions’ Forum last week, where India was a key partner.
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