Armenia has become the largest buyer of arms from India, which has been a serious boost for the Indian military industry. Armenia has purchased weapons worth $2 billion from India, according to New Delhi Television.in the article։
India aims to increase its military exports and become a major arms exporter, so these deals elevate Armenia's role in New Delhi's strategic plans.
Armenia can become a hub for the export of Indian military goods both for the countries of the region and for Eastern Europe.
Recent events have shown that alternatives to trade routes passing through the Suez Canal are needed. This is one of the most important reasons for promoting the idea of a North-South Transport Corridor (INSTC).
This is of key importance for India. The shortest route to the Black Sea, Southern and Eastern Europe runs through Iran's Chabahar port to Armenia, connecting to the Armenian "North-South" road. The route then passes through Georgia, exiting at the ports of Batumi and Poti, and from there to the Mediterranean Sea and Europe.
In addition, there are other opportunities for cooperation with Armenia: trade, creation of production bases for Indian companies, and labor migration. Today, about 50,000 Indian citizens work in Armenia.
At the heart of all this is the centuries-old friendship between two ancient peoples, Armenians and Indians. India holds a special place in the perceptions of Armenians, which in turn gives New Delhi an additional advantage.
