India ready to invest over $15 billion in Iran

India ready to invest over $15 billion in Iran

India is ready to invest more than $15.2 billion to build projects in Iran, including taking up full-scale development of Chabahar Port, if Tehran offers cheaper gas, Iranian Shipping Minister Nitin Gadkari said.

"If the gas price is reasonable then all departments in India can invest in Iran," TASS cited him as saying.

Chabahar port is likely to become operational by the end of next year. India will help Iran to build the railway line connecting the port with the rest of Iran.

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