India keen on expanding Iran ventures

India’s Ambassador to Tehran has expressed his country’s interest in investment potentials of Iran’s Persian Gulf Qeshm Island, stating that Indian entrepreneurs are willing to invest in the island, AVA Diplomatic reports.“Qeshm Island enjoys considerable oil, gas, energy and tourism potentials,” said Ambassador D. P. Srivastava, adding that given the bilateral cultural commonalities, Indian entrepreneurs can invest in the island.

He made the remarks in a meeting with Managing Director of Qeshm Island Esfandiar Heidaripour on Saturday.

In addition to oil and gas sectors, Indian investors can also participate in projects related to IT and services, Srivastava noted.

He also pointed to tourism attractions in Qeshm Island and called for launching an airline route between Qeshm and India.

On Saturday, Srivastava, heading a delegation, visited Qeshm to explore ways to expand economic exchanged between India and Qeshm Island.

Qeshm is the biggest island in the Persian Gulf near the Strait of Hormuz, which is stretched closely along the south coastline of Iran’s Hormozgan Province.

The island is famous for its wide-ranging ecotourism attractions such as the Hara marine forests.