India's spice route's history unveiled | The India Story

The IMEC will be a vital link connecting South Asia to Europe and facilitating trade and investment but this is not a new route. This ancient Spice Route has been part of the India Story for centuries. Historian Sanjeev Sanyal has more.
#imec #india #g20
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[@raghuveerdendukuri1762]

New India and old spice route, a great combination, a win-win for middle east, Europe and India/Bharatavarsha

[@hrhtreeoflife4815]

❤

[@raghuveerdendukuri1762]

While Spice route got colonialism, falsified and half truths and mis-priorities in school history books, are one of the reason This is New India, that reminds Bharat Civilization values New India & old spice route, a great combination, a win-win for middle east, Europe and India/Bharatavarsha

[@blackunitsound]

And would want to wait a dacade to start to get my spices again

[@sklux6147]

BRI Vs IMEEE corridor? Is this about Silk Vs Spice? Time to forget about both and look at them from the utility perspective. China is already a factory of the world. Manufacturing and trade are the backbone of their economy and the reason behind their success. China is $18B economy boasting $3T in foreign reserve. For China trade with US, Europe and Middle East are critical. China's geographic situation is not very favorable for trade with Europe & ME. It makes lot of sense for China to seek alternative routes to Europe & ME due to cost & time benefits as well as strategic consideration to derisk by diversification. This applies exclusively to their road/rail building plans accross the coutries in Central Asia and ME plus CPEC. India's geographic situation is quite opposite and it is well placed to reach ME and Europe through sea route interms of cost and convenience. Proposed IMEE corridor offers time saving to reach Europe. Cost disadvantage more than offsets the time advantage. At the present volume and level of trade between India and these 2 regions, the existing maritime routes are quite adequate. Any deficiencies that India is facing at present; are of internal origin and related to logistics - port capacity and road/rail etc. Perhaps when India's economy touches $10T mark with $3T by way of trade it would feel the need to add additional routes to service trade with Europe. That would fall in the time line between 2030 and 2035. Therefore good to start now. The main connectivity issue for India has been with central Asia and Russia. The IMEC doesn't address this. The IMEC doesn't challenge BRI and doesn't help in trade with Russia. The real challenge and threat for India and US comes from China's string of pearls strategy. IMEC is neither a counter nor a better alternative to address that challenge. The two countries involved in IMEC, UAE and Saudi, are not going to be the major beneficiaries. That leaves Jordan, Israel and Greece all of which have limited scope to exploit this more than the rent earning potential of this project which will be due only after the corridor becomes operative. European partners in IMEC will not have overwhelming advantage after balancing out time gain advantage over cost disadvantage. Corridor is not just about transportation of goods. It is about connectivity which means ability to channel movements of goods as well as energy and communication lines. It is also about strategic derisking by means of creating alternatives. It can also be the means of facilitating the integration of chain of economies which are not very involved in trade etc due to historical and political reasons. Chances of success for any given corridor will be more based on solving the risk perceptions and on opportunities for aligning trade and strategic interests that it will create for countries rather than cost and time considerations alone. Middle Eastern giant economies have identified the need to establish infrastructure, services & soft economy before oil gets exhausted. They have vision to transform into a sustainable global economic hub. They want to offer capital and connectivity to attract and support global commerce. They are willing to be partners in creating and servicing the regional network of economic corridors. These networks have commerce, communication and strategic potential to integrate the economies worldwide. In the current assessment the urgency for the newly proposed corridor is not overwhelming. It is more about creating distraction for China's BRI. Interesting days ahead. Good time to speculate. 😴 Satyamev Jayate! 🪷 Jai Hind!! 🫡

[@jkuang]

They supplement each other. China has BRI. So India wants to have Spice Route. The problem is that China has over $1.2T trade with EU. And almost the same amount with Middle East, Central Asia and South East Asia and Africa. China has a NEED to build BRI. And further, China has the infrastructure know-how and financial resources to make it happen. 10 years since BRI is initiated, over 3000 projects have been completed. On the other hand, India has only $100B trade with EU each year, and the infrastructure and funding are still up in the air for this Spice Route. I suspect that 10 years later, this Spice Route is still just talking points for politicians.

[@jkuang]

Let me explain how it works: 1) Goods are loaded into a ship in Italy 2) Unload in Israel and load into a train 3) Train goes through Israel and Jordan, then into Saudi Arabi 4) Train goes through Saudi Arabia desert - yes train through a large desert 5) Train reach UAE and load to a ship 6) Sail through Strait of Hormuz 7) Unload in India's port And the trade between EU and India is just $100B each year. Further India's trade with the world accounts for 2% of the global trade. So tell me, exactly how this Spice Route is remotely profitable? How will it be funded and be justifiable? Who will build the train across the Saudi Arabi desert? And who will maintain such infrastructure for the benefits it brings?

[@hrhtreeoflife4815]

Q 😂 I dare you to ONLY EAT FOOD Using zero, none, no spices at all. Do it for 2 to 3 years And than you 😂 will appreciate your spices. That 2% will be of significant value not monetarily but for your palate. A pot of gold for salt 🧂 and pepper. And 15 pots of gold for all other spices. Indeed....you recognize gold doesn't give you 😂 spicy food. Nor do paper currencies. Q ❤

[@blackunitsound]

By the way you are talking about some things the Chinese already did and it didn't take them a one dacade

[@harisoepangkat6085]

Then keep trading the spice which cost peanuts. India's trade is only 2% of the world trade. Forget about becoming a super power of the scale of China that has 5x the GDP OF India.

[@blackunitsound]

It better uno take about booms

[@hominidaetheodosia]

Yes yes of course India were always at the centre of the British empire quite right we need a new spice road I mean All the other junk was rather handy but it was the opium mostly India was instrumental in helping us fleece China thanks for that so quite right we need to do this again and it’s jolly good that you guys are prepared to whitewash history and make it all okay again fantastic stuff lovely jubbly let’s get on with it! The East India company was indeed the beginning of globalisation, and it’s at a very important precedent for the usefulness sorry I mean the participation of filt… **cough** sorry I mean the charming multicultural completely voluntary participants of the sla… sorry I mean to say.. the economic good of the Commonwealth.. erm I mean the independent development of the BRICS nations! It’s going to be pretty hard smuggling all of that opium out of Afghanistan without a little bit of help from India so good one India seems like you’re on board jolly good… 👍 Yes absolutely India not a hint of colonialisation behaviour in wanting a larger cut of the profits of exploitation I mean that’s just in keeping with getting better at playing the game old chap, it’s a bit of luck India has such develop spirituality that it is almost completely devoid of any form of corruption beyond reproach absolutely golden stuff!!!! Commendable behaviour the British Empire salutes you!

[@blackunitsound]

The Chinese is already making money

[@arjunraj823]

Kerala 😂😂