However, sanctions on Iran due to its nuclear program have already weakened trade ties over the years. India’s investment in Chabahar portBeyond trade, India has considerable investments in the Chabahar port due to its strategic importance. The Chabahar port serves as the closest route to Afghanistan, Central Asia, and Europe amid strained ties with Pakistan. According to the Ministry of External Affairs (MEA), India has already supplied port equipment worth about $24 million to develop the Chabahar Port till 2024. India has also committed to providing a Line of Credit of $250 million in rupee equivalent for the development of Chabahar Port.
Source: Indian Express January 13, 2026 22:48 UTC