EghtesadOnline: India is trying to make the strategic Chabahar Port in Iran operational by 2019, Indian Union Minister Nitin Gadkari has said in Dushanbe, Tajikistan.
EghtesadOnline: Chabahar Port offers a win-win situation for Iran and India, Indian Shipping Minister Nitin Gadkari said, adding that the port would be a growth engine for India as it opened up an alternate route for exports to Afghanistan and Russia.
EghtesadOnline: New Delhi must work with the government of President Hassan Rouhani to ensure that bilateral irritants in fostering economic ties between the two nations are resolved soon, reads an article published by the US-based think-tank Eurasia Review. According to Financial Tribune, excerpts follow:
EghtesadOnline: India is fast-tracking its plans to complete two new terminals at Iran’s Chabahar Port with the tendering process already underway, India’s transport minister said.
EghtesadOnline: India is keen on expediting the development of Chabahar Port in Iran and hopes to complete the first phase of the project next year. This was announced by India’s Minister for Road Transport and Highways and Shipping Nitin Gadkari, the local newspaper Millennium Post reported.
EghtesadOnline: US companies consider India their next FDI frontier and are keen to pump in billions of dollars into the country’s infrastructure and transportation sector, Union Minister Nitin Gadkari has said.