Overview

• The India-Middle East-Europe Economic Corridor (IMEC) aims to reduce logistics costs by up to 30% and transit times by 40% through integrated rail, road, and clean energy networks.
• At a high-level roundtable on April 17, 2025, stakeholders proposed five measures: public-private partnerships, regulatory alignment, innovative financing, industry engagement, and academic collaboration.
• Union Minister Piyush Goyal emphasized IMEC as a modern Silk Route built on mutual trust, sustainability, and inclusivity, linking cultures and economies from Southeast Asia to Europe and Africa.
• Ongoing dialogues with Singapore, Saudi Arabia, and the UAE focus on clean energy transmission, including undersea cable infrastructure.
• Experts highlight IMEC's potential to connect over 100 ports across 80 countries, impacting up to 80% of the global population.