PM Modi and Iranian President Raisi Explore Chabahar Port's Potential

22 Aug 2023 CW Team

In a significant diplomatic move, Indian Prime Minister Narendra Modi and Iranian President Ebrahim Raisi engaged in discussions to harness the complete potential of the Chabahar Port. The talks centered around strategies to amplify the port's role as a vital trade gateway, connecting India to Afghanistan and Central Asia while circumventing Pakistan.

Chabahar Port, strategically located in southeastern Iran, has been a focal point of India's efforts to bolster connectivity and trade with the region. The leaders deliberated on enhancing infrastructure, streamlining trade processes, and addressing logistical challenges to optimise the port's operations.

The discussions underscored the joint commitment of India and Iran to regional development and cooperation. By leveraging Chabahar's capabilities, both nations aim to foster economic growth and stability in Afghanistan and beyond.

The Chabahar Port project exemplifies the multi-dimensional potential of diplomacy, trade, and connectivity. It aligns with India's larger vision of the International North-South Transport Corridor (INSTC), which seeks to establish efficient trade routes linking the Indian Ocean to the Caspian Sea through various modes of transport.

As geopolitical dynamics evolve, the collaboration between India and Iran over Chabahar Port reinforces their shared commitment to circumvent challenges and promote trade-led development. The discussions between PM Modi and President Raisi lay the foundation for realising the port's transformative influence on regional trade, connectivity, and prosperity.

Infrastructure Urban

14 Oct 2025

DRI Introduces Advanced Fresh Air Solutions for Large Buildings

DRI has unveiled its latest solutions for indoor air quality (IAQ) and energy-efficient ventilation in large enclosed buildings: the Treated Fresh Air Handling Units (TFA) and Dedicated Outdoor Air Systems (DOAS). The TFA units integrate EcoFresh Molecular Sieve Coated Heat Wheels to deliver optimal IAQ while promoting energy savings. The modular design allows additional functions such as cooling, heating, humidification, high-efficiency filtration, mixing, and sound attenuation. Maintenance is minimal, with standard filters and fan assemblies designed for reliability and ease of service. TFA..

Dia Mirza-backed Without® Launches FOAK Recycling Plant in Pune

Without®, an impact-first deep-tech material science enterprise, has inaugurated its first-of-a-kind (FOAK) recycling demonstration plant in Pune. The 1,030 sq. m facility can process up to 5 tons per month of “unrecyclable” plastic waste, offering end-to-end operations from material intake and separation to chemical transformation, purification, product manufacturing, and quality testing. The demonstration plant serves as a precursor to a commercial facility planned for next year. The launch follows the successful closure of a $1.9 million (approx. Rs 16.8 crore) seed funding round led ..

Capital India Home Loans Rebrands as People Home Finance

"Capital India Home Loans, a wholly owned subsidiary of Weaver Services, has announced its rebranding to People Home Finance Limited, underscoring its vision to build an inclusive, technology-led housing finance company serving India’s vast informal and self-employed segment. The rebranding follows the company’s $170 million investment round announced on 19 August 2025, led by Lightspeed, Premji Invest, and Gaja Capital. The new identity marks the next phase of expansion across Tier 2 and Tier 3 cities, with continued investments in branch infrastructure, people, proprietary technology, a..