However, sanctions on Iran due to its nuclear programme have already weakened trade ties with India over the years. “For India, Iran does not even figure in the top 50 global trading partners. Last year, India’s total trade with Iran was $1.6 billion, which is approximately 0.15% of India’s total trade,” said government sources. “India’s trade value with Iran is expected to further go down, given external economic factors,” the sources said. India’s investment in Chabahar portBeyond trade, India has considerable investments in the Chabahar port due to its strategic importance.

Source: Indian Express January 14, 2026 00:48 UTC