CONCOR signs agreement with Russian Logistics Company to export tea to CIS countries

Container Corporation of India Ltd. (CONCOR) has signed an agreement with a Russian Logistics Company which can facilitate export of tea to the CIS (Commonwealth of Independent States)countries.

CONCOR held an online workshop with the tea producers, exporters, CHAs, importers and shipping lines. Customs officers posted at ICD-Amingaon were also invited as participants.

Chairman cum Managing Director (CMD) CONCOR V. Kalyana Rama presided over the meet. He was accompanied by Director International Marketing and Operations (DIMO) and EXIM team of CONCOR. The Eastern Region of CONCOR and the terminal manager of Amingaon were also present.

In the meeting a number of issues were discussed ranging from the possibility of connecting the ICD to the ports on the west coast and reduction in freight and other costs.

Indian Tea Association ( ITA) gave a very encouraging picture of tea production in the current financial year and expressed the desire of the exporters to reach out to the new markets in the central Asia & Russia. Warehousing, Transit time and other standard measures to make the logistics more efficient were discussed threadbare.

CMD CONCOR, V. Kalyan Rama, announced huge volume discounts which was a historic announcement as far as CONCOR’s outreach to the customers is concerned.

Rama also informed the delegates that CONCOR has signed an agreement with a Russian Logistics Company which can facilitate export of tea to the CIS countries. The volume discount was enthusiastically welcomed by the traders and exporters and they promised to patronize the ICD at Amingaon to the extent possible as it came as welcome relief to them. This announcement of CONCOR will make a positive impact on cost of export from Assam.