Chabahar Port to Expand Capacity

29 May 2025 CW Team

India and Iran are pushing forward with the development of Chabahar Port, with plans to significantly expand its capacity and connect it to the Iranian railway network by mid-2026. This move comes despite potential threats of renewed US sanctions.

The port's capacity is set to increase fivefold, from 100,000 TEUs (twenty-foot equivalent units) to 500,000 TEUs. Concurrently, a 700-kilometre railway line will be completed, linking Chabahar to Zahedan, thereby integrating the port into Iran's wider rail infrastructure. These projects are expected to conclude by the middle of next year, facilitating improved access to Central Asian and Eurasian markets via the International North-South Transport Corridor (INSTC).

India has committed an investment of $120 million for acquiring port operations equipment and has offered a credit window of $250 million for developing surrounding infrastructure. Despite concerns over US sanctions, Washington has not yet acted on previous announcements to end waivers benefiting Chabahar.

The port has seen a steady rise in cargo handling, with volumes increasing from 1.2 million tonnes in FY21 to 2.84 million tonnes in FY24. Since India Ports Global Limited took over operations in 2018, Chabahar has handled over 450 vessels, 134,082 TEUs of container cargo, and more than 8.7 million tonnes of bulk and general cargo. India has already supplied port equipment worth $24 million, with further procurement underway.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..