What is INSTC and Why is it Important for India?

2024 • 2min • International • Geopolitics


Russia will now export coal to India through Iran via the southern Bandar Abbas port. 73.2 million tonnes of Russian coal will be shipped along the International North-South Transit Corridor (INSTC). But this won’t be the first time India will import Russian coal through this corridor. So, what is the INSTC and why is it important for India? News9 Plus decodes.