Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
India and Iran inked a Long-term Main agreement for the establishment of the Shahid Beheshti Port Terminal at Chabahar, emphasising the strategic importance of the port as a trade gateway with Afghanistan and Central Asian countries.
Union Minister of Ports, Shipping and Waterways and AYUSH, Sarbananda Sonowal, witnessed the signing ceremony in Chabahar. The contract was signed between India Port Global Limited (IPGL) and the Ports and Maritime Organisation (PMO) of Iran.
Sonowal held a bilateral meeting with Iran's Minister of Roads and Urban Development, Mehrdad Bazrpash. The ministers reiterated the common vision of their leaders to enhance bilateral cooperation in connectivity initiatives and to develop Chabahar Port as a regional connectivity hub.
The ministerial visit and the signing of the contract underscore the significance of the Chabahar Port Project, a flagship initiative between India and Iran, aimed at bolstering trade and connectivity in the region.
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