INDIA’S ROLE AS A MARITIME power is crucial as 90 per cent of trade by volume and over 74 per cent by value takes place via sea routes. More than 80 per cent of India’s energy supplies also arrive along these sea lanes. For many years, we argued that our development planning must be premised on our being a maritime economy. Still, our plans, investment and defence program have remained dominantly focused on our land-based resources.
The Indian peninsula is ensconced by seas & oceans. The country’s location in the Indian Ocean, jutting out 1000 miles into it as it does, is of strategic advantage. The peninsula straddles some of the most critical sea lines of communication. A great deal of global trade travels along these routes.