Placing Iran on India's development map / Why did the cooperation in transit and trade between Iran and India fail?
By undertaking major planning and economic reforms since 1991, India has become one of the 10 largest economies in the world and the fourth largest economy and has experienced growth of over 7% in the last three years.
The economy of this country is more than 9 times that of Iran, and with a strong human power, a leader in artificial intelligence and pharmaceutical industries and growth of over 6% in the future, it provides an important opportunity for economic cooperation with Iran in the fields of energy, raw materials and transition.
Despite the importance of the development of Habhar port as the largest joint project, this cooperation failed due to sanctions, the challenge of transferring funds, the difference in the width of the railway lines and the weakness of economic governance.
Unlike China, which has an extensive trade network, India is still developing its capabilities.
India's development experience includes a central planning transition and the license raj, the 1991 reforms, the services boom in Bengaluru and the Modi government's schemes; So industrial states like Gujarat and Tamil Nadu generate half of India's industrial value added by attracting investors and creating anchor companies.
The development of relations with India requires the removal of sanctions, normalization of relations and changing the attitude of Iranian policymakers towards the economy.
Full text.
The official channel of Donya Akhtaz newspaper.