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US-Israel Attack on Iran's Bandar Anzali Threatens India's Trade Ambitions, Beyond Hormuz
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US-Israel Attacks India's ₹9.4 Lakh Crore Trade Dream, INSTC Project in Danger
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News18
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22-03-2026, 09:38
US-Israel Attacks India's ₹9.4 Lakh Crore Trade Dream, INSTC Project in Danger
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US-Israel attacks on Iran's Bandar Anzali port threaten India's International North-South Transport Corridor (INSTC) project.
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The INSTC, a 7200 km multi-modal corridor, aims to boost India-Russia trade to $100 billion by 2030, bypassing the Suez Canal.
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The attack on Bandar Anzali, a crucial INSTC hub, impacts reliability and cost, raising uncertainty for the ambitious project.
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Experts warn of increased insurance and freight rates, affecting not only Russia but also Central Asian countries.
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Prime Minister Narendra Modi condemned attacks on critical infrastructure in the Gulf region, emphasizing security of maritime routes.
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