Russia’s Transport Ministry sees potential for developing logistics with India

KAZAN, October 16. /TASS/. The Russian Transport Ministry sees high potential in linking the country’s National Digital Transport and Logistics Platform with India’s Unified Logistics Interface Platform, and expanding cooperation on the implementation of artificial intelligence in the transport sector, Russian Transport Minister Andrey Nikitin said in an address to participants of the second TIME: Russia - India. Mutual Efficiency business forum in Kazan.

"We see significant potential in linking Russia’s National Digital Transport and Logistics Platform with India’s Unified Logistics Interface Platform, as well as developing cooperation in the implementation of artificial intelligence in the transport sector," the minister said. The text of his address was read out by Farit Khanifov, Minister of Transport of the Republic of Tatarstan, at the session "Development of logistics corridors for bilateral trade between Russia and India."

He also pointed to impressing growth in air passenger traffic and the deepening of technological cooperation between the countries.

"Expansion of transport and logistics ties is one of key factors in strengthening the bilateral partnership between Russia and India. Our shared task is to establish reliable, fast, and cost-effective routes that will enable our enterprises to fully unlock their export potential," Nikitin concluded.

The second Russia-India TIME business forum is being held at the Centre of Unique Craftsmanship (TSUM) in Kazan from October 14 to 17. TASS is the event’s information partner.