Memorandum of Understanding on the Principles of an India-Middle East-Europe Economic Corridor: https://www.whitehouse.gov/briefing-room/statements-releases/2023/09/09/memorandum-of-understanding-on-the-principles-of-an-india-middle-east-europe-economic-corridor/
How does that even help India? India is only in this project from a single shipping link - not exactly tightly coupled to this trade corridor.
Plus, the logistics of loading/unloading mean that trade is going to flow through the Suez anyway.
it's not done to help india; it's done to force india closer into the american & european sphere of influence so that india will be less able to ignore the usa or western europe demands; like the russian sanctions; and it also guarantees that both russia and china will stay as weak as possible by cutting them out of future business plans.
this whole thing is very cynically smart; i didn't know any better i would a have guess a lawyer came up with it.