ABSTRACT
India’s Indo-Pacific outreach has received much academic attention; however, there has been less focus on New Delhi’s Eurasian policy, even though the balance of power in this region has been slowly changing in favor of China in the last two decades. India, Iran and Russia are founding members of the International North−South Transport Corridor (INSTC), a shorter and cheaper route compared to the Suez Canal route, which connects India with Russian and European markets. Using descriptive methodology, this article aims to bring out the geopolitical and geo-economic factors which necessitate close coordination between India, Russia, and Iran to make the INSTC fully functional. This chapter highlights that India is both a continental (land) and maritime power, and New Delhi has some serious security and economic interests in Eurasia. Successful implementation of INSTC and Chabahar is essential for attaining these economic and strategic interests, strengthening India’s vision of a multi-polar world.
