Enhancement of Iran business engagement in India to generate an annual income of four trillion dollars is a major goal Tehran is following to achieve, an Iranian official at Tehran Chamber of Commerce, Industries, Mines and Agriculture said on Tuesday.
"Iranian and Indian businessmen can be pioneers in developing the economic diplomacy between Tehran and New Delhi," Bahman Eshqi, Secretary General of Tehran Chamber of Commerce said.
He reiterated that India is seeking to attract foreign investments and apparently no other country in the vicinity of India is more capable than Iran to become a source of investment for New Delhi.
As the second most populous country in the world and the seventh largest by area, India is in need of energy to develop its economy, the trade official said.
He underlined that Iran can easily and securely meet the energy needs of India.
Experts are of the view that Iran and India can capitalize on the Chabahar joint development project as well as the North-South Corridor to boost the volume of trade exchanges between the two nations.
North–South Transport Corridor is a sea, rail, and road route expected to facilitate and boost exchange of goods between India, Russia, Iran, Europe and Central Asia.
