IMEC, Indo-Pacific routes key to reducing Hormuz dependence: EY
Published on: May 28, 2026, 5:59 p.m. | Source: The Economic Times
India is urged to diversify its trade routes and develop new corridors like IMEC and the Indo-Pacific route. This aims to lessen dependence on the Strait of Hormuz amid West Asia tensions. The nation must prepare for economic shocks by building strategic reserves and shifting towards green energy.
