International Journal For Multidisciplinary Research

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A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 8, Issue 2 (March-April 2026) Submit your research before last 3 days of April to publish your research paper in the issue of March-April.

India–Middle East–Europe Economic Corridor (IMEC): Strategic Economic Implications for India

Author(s) Mr. Nitesh Ramesh Rathod
Country India
Abstract The India–Middle East–Europe Economic Corridor (IMEC), launched during the G20 Summit in New Delhi (2023), represents a multi-dimensional infrastructure and investment initiative aimed at enhancing intercontinental connectivity and economic integration. It is conceptualized as a cross-regional corridor linking South Asia, the Middle East, and Europe, thereby reshaping global trade architecture. The India–Middle East–Europe Economic Corridor (IMEC) represents a high-profile initiative to connect India, the Gulf, and Europe via an integrated transport, energy, and digital network. This research paper examines IMEC’s objectives and strategic context and evaluates its potential economic effects on India. Through a critical literature review and comparative case-study analysis of similar corridors (e.g., China–Pakistan Economic Corridor, LAPSSET in East Africa, and the North-South Transport Corridor), this research paper identifies key variables: trade volumes, logistics costs, and connectivity infrastructure. The research paper posits that IMEC aims to (H1) diversify India’s trade routes and reduce dependence on existing chokepoints (like the Suez Canal); (H2) enhance India’s export competitiveness through faster, lower-cost linkages; and (H3) strengthen India’s geopolitical partnerships with Gulf and European nations. The methodology includes qualitative analysis of policy documents (G20 communiqués, MOUs, and government releases) and quantitative proxies (trade data trends between India, the Middle East, and the EU). Preliminary findings (thematic summary) suggest IMEC could unlock significant economic benefits if properly executed: for instance, Atlantic Council estimates indicate possible time savings of ~40% and annual export gains of $22 billion for India. Yet these gains hinge on corridor completion and sufficient cargo throughput. The research paper identifies constraints—funding gaps (~$5 billion needed for core rail segments), regional instability (Houthi disruptions in the Red Sea), and cost-competitiveness challenges (transshipment penalties)—which mirror obstacles seen in other corridors (Table 1). The research paper concludes with policy recommendations for Indian stakeholders, emphasizing phased implementation, PPP-driven investments, regulatory alignment (e.g., unified trade documentation), and leveraging global frameworks. The analysis provides a comprehensive view for policymakers and academics on how IMEC could reshape India’s trade and infrastructure landscape.
Keywords India–Middle East–Europe Economic Corridor (IMEC), trade connectivity, infrastructure corridors, India–EU trade, strategic infrastructure, supply-chain resilience, multimodal transport, G20 (the Group of Twenty), connectivity policy.
Field Sociology > Politics
Published In Volume 8, Issue 2, March-April 2026
Published On 2026-04-05
DOI https://doi.org/10.36948/ijfmr.2026.v08i02.73687

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