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LDz meets with potential partners in India

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUContinuing exploration of new markets in Asia, LDz President Edvins Berzins and LDz Logistics chairman Verners Lusis have departed for a visit to India to meet with this country’s businessmen and discuss cooperation opportunities for cargo attraction for Latvia, as reported by LDz representative Ella Petermane.

She notes that during their visit to India, an international transports and logistics exposition will be held in Deli. It will be attended by nearly 500 organizations from 25 countries. «New partners and growth is this expo’s motto. It will be attended by Latvia’s delegation to present the country’s offer for cargo attraction,» – Petersone said.

Entrepreneurs Confederation of Indian Institute of Logistics Manager K.V. Mahidhar expressed praise to Berzins for LDz’s goal to expand Latvia’s transit geography by searching for cooperation opportunities with Indian partners. He emphasized that there are many unrealized opportunities in this business field. Mahidhar informed his Latvian colleague that he Indian government has confirmed a private business development programme in recent years. This programme should also contribute to the development of logistics companies towards Europe.

Petermane said that LDz’s developed route towards India has been reviewed and welcomed. Both Berzins and Mahidhar agreed that relations between the two sides are currently at the starting point. At the same time, they said there is a great deal of potential for serious and lasting cooperation.

«India plays a major role in the world economy. The country searches for new markets and thereby becomes more attractive for carriers. This is why we have commenced work on new routes, because cargo flow from India to Europe goes through Iran, Azerbaijan, Russia, Georgia and Belarus. We are prepared to become part of this logistical chain and ensure transportation of cargoes further to Europe’s northern parts,» – Berzins said.

LDz intends to offer potential partners in the Eurasian transit corridor access to the Baltic Sea, offering new access routes to western countries. Work on the development of this corridor is one of the main priorities of LDz Logistics, explains Petermane.

India is also interested in the development of the international transport corridor, because the country sees potential in increasing exports to countries of central Asia and Europe.

LDz president also met with India’s Ministry of Transport and Shipping State Secretary Rajive Kumar to discuss development plans for Indian ports. Berzins also met with Indian Railway Chairman A.K.Mital to discuss closer cooperation opportunities in the near future. Latvia’s offer earned a great deal of interest in India. Cooperation in this field would help reduce transportation costs and time.

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