"If you search ocean deep enough you can find rare exotic treasures": After Lithium deposits in Jammu & Kashmir, vast mineral deposits in the Indian Ocean can make Bharat self-sufficient in nickel & c
The Indian Ocean today sees about 60 percent of the world trade passing through its waters. PM Modi has made a clear stance on India’s priority in actively participating in the issues concerning the Indian Ocean Region. Indian Ocean Naval Symposium and India-Sri Lanka-Maldives trilateral agreement are also important in this context. The vast availability of minerals and other natural resources is an asset to economic development in the Indian Ocean Region. ConclusionIn the ultimate analysis, India’s national security concerns and great power ambitions manifest themselves in India’s engagement in the Indian Ocean region.
Source: Economic Times February 15, 2023 09:32 UTC
