DMPQ- Why Central Asia region is important for India?

 

  • India has a very wide array of interests in Central Asia covering security, energy, economic opportunities etc.
  • Central Asia serves as a land bridge between Asia and Europe, making it geopolitically axial for India.
  • Security, stability and prosperity of Central Asia is imperative for peace and economic development of India.
  • The region is rich in natural resources such as petroleum, natural gas, antimony, aluminum, gold, silver, coal and uranium which can be best utilized by Indian energy requirement.
  • Central Asia has huge cultivable areas lying barren and without being put to any productive use, offering enormous opportunity for cultivation of pulses. Indian agribusiness companies can setup commercial agro-industrial complexes in Central Asia.
  • Owing to higher economic growth, several areas have become attractive for construction business, providing huge scopes to Indian companies engaging in financial services, contractors, engineers, and management specialists.
  • Both India and Central Asian Republics (CARs) share many commonalities and perceptions on various regional and world issues and can play crucial role in providing regional stability.
  • For India to use Chabahar as a vital gateway to access Eurasian markets and optimally operationalize its use, requires a Central Asian state joining the project as a direct stakeholder.
  • Central Asian Regions are fast getting linked to the global market for production, supplies of raw materials and services. They are also increasingly getting integrated into the East-West Trans-Eurasian transit economic corridors

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