Union Minister Piyush Goyal announced that the India-Middle East-Europe Economic Corridor (IMEC) will enhance trade linkages, reducing logistics costs by 30% and transportation time by 40%. The corridor, featuring railways, roadways, energy pipelines, and clean energy infrastructure, aims to connect Southeast Asia, the Gulf, and Central Europe, with potential links to Africa. Goyal highlighted the focus on sustainability and digital connectivity, with ongoing discussions on clean energy transmission.
Anamika Chauhan is a Senior Content Writer at TBO Academy. Specializing in B2B content, she works closely with the marketing team to bring out the outlook about the industry in her write-ups. Connect with her on LinkedIn or write to her at anamika.chauhan@tbo.com