Indian firms will invest heavily in the strategically important Port of Chabahar in Iran, said a senior Indian diplomat.

An envoy from India recently visited Tehran, Iran, and toured the Chabahar Special Economic Zone, a report said.

Chabahar port is crucial as it will give India sea-land access to Afghanistan bypassing Pakistan, and the port also enjoys many remarkable capacities and serves as a point which links the two governments of Iran and India, Indian Ambassador to Iran Saurabh Kumar was quoted as saying in an Iran Daily report during his tour of the port, citing PTI.

India is ready to invest INR2,000 billion ($30.26 billion) at Chabahar SEZ but investments would depend on gas prices, said Transport and Shipping Minister Nitin Gadkari last month, the report added.