[vc_row][vc_column][vc_column_text]
Indian steel companies will export rails worth $150 million to Iran next month as part of a pact between the two countries for developing railway and other infrastructure at strategically important Chabahar port.
“The maiden consignment of rail from India worth $150 million would be sent to Iran in July,” after Ambassador of Iran to India Gholamreza Ansari called on Road Transport and Highways Minister Nitin Gadkari for taking the project forward.
Railway PSU IRCON will build a rail line at Chabahar to move goods right up to Afghanistan. The rail links are being built so that the land-locked Afghanistan can get access to the Iranian port as an alternative to the Pakistani port of Karachi.
A meeting is also scheduled next month between Shipping Minister and his Iranian counterpart to develop a workplan for industrial needs and investments needed for Chabahar free trade zone. The focus will be setting up industries in the Chabahar free trade zone.
[/vc_column_text][/vc_column][/vc_row]
