Question

Why is india taking keen interest in resources of arctic region?

Answer 1

India is taking a keen interest in the source of arctic region because  

Arctic region is opening up new major shipping hubs and ports at low cost trades and thus it will become easier to transport oil from the Arctic reserves.India has several ships operating in that route.

Arctic can supply a large amount of gas and oil which can thereby reduce prices of the same. India’s ONGC Videsh is interested in these resources.

Answer 2

India is one of the countries to discover that the arctic region has abundance of resources. Most of the resources are left unused and so India is trying to make the most of the unused resources.

These resources can have an impact on developing the economy of the country.

Reasons:

• The arctic region has abundance of oil and natural gas but is still undiscovered.
• Oil and natural gas can be a great economic boost.
• There is no ownership of areas surrounding the arctic and so India is trying to explore its resources.
• Shallow waters indicate the presence of terrestrial ecosystem.
• Presence of sea life which is a source of food for man.

Read more on Brainly.in - https://brainly.in/question/6201475