ABSTRACT
Over the last two decades, the world economy has become increasingly multipolar in character primarily due to the emergence of fast moving large Asian economies (China and India in particular) as powerful forces in international production, trade and finance. This chapter analyzes the role of the Gulf region in India's energy security. It explores the geoeconomic and geopolitical dimensions of India's energy security centering on the trans-Asian energy axis. The chapter provides a brief theoretical construct about energy security from the perspective of India as a major energy importer concerned with supply security and the Gulf region as a major exporter looking for demand security. Positioning India and the Gulf region in the current global energy regime, it describes the fundamental dynamics of India's energy security and the role of the Gulf region. Finally, the chapter explores how the energy interdependence could be strengthened in the future and develops few policy suggestions.
