Fact Box
Indian Ocean
- The Indian Ocean is the third largest ocean in the world, after the Pacific and Atlantic Oceans.
- It spans 9,600 km from the Bay of Bengal to the Antarctic and 7,800 km from South Africa to Western Australia.
- Eastern Boundary: It stretches to the Strait of Malacca and the western coast of Australia, marking its eastern limit.
- Western Boundary: The Indian Ocean reaches the Mozambique Channel in the west, which lies between the African continent and the island of Madagascar.
- Northern Boundary: The northern part of the ocean includes the Persian Gulf and the Arabian Sea.
- Southern Boundary: It extends down into the southern Indian Ocean, beyond the southern tip of Africa, and approaching the Antarctic region.
- The ocean covers a total area of 21.45 million square nautical miles, which accounts for 20% of the world's water surface.
- The Indian Ocean’s total coastline stretches across 70,000 km.
- The Indian Ocean is home to about 36 countries, with around 35% of the world's population living in the region. It also contains about 40% of the world's coastline.
- Global Trade and Commerce: The Indian Ocean Region (IOR) is a key hub for global commerce:
- Nearly 100,000 ships transit the ocean annually.
- The region handles 30% of global containerized cargo.
- 42% of global crude oil and its products are transported through the Indian Ocean, making it crucial for global energy markets.
- Key choke points: Strait of Hormuz, Strait of Malacca, Bab-el Mandeb
- Energy Reserves and Refining: The region is rich in energy resources, holding:
- Over 50% of the world’s oil reserves.
- Over 50% of the world’s proven natural gas reserves.
- The Indian Ocean houses around 20% of the world’s refining facilities, located mainly in: Jubail (Saudi Arabia), Jamnagar (Gujarat, India) and Singapore
Key-Initiatives
- SAGAR Initiative: In 2015, India’s SAGAR Initiative (Security And Growth for All in the Region) was launched, aiming to strengthen India’s presence and influence in the Indian Ocean. The initiative focuses on security, economic growth, and regional cooperation.
- Indian Ocean Rim Association (IORA): It was established in 1997 and is a regional forum that seeks to build and expand understanding and mutually beneficial cooperation through a consensus-based, evolutionary and non-intrusive approach. IORA has 23 member states and 9 Dialogue Partners.
- Members: Australia, Bangladesh, Comoros, France, India, Indonesia, Iran, Kenya, Madagascar, Malaysia, Maldives, Mauritius, Mozambique, Oman, Seychelles, Singapore, Somalia, South Africa, Sri Lanka, Tanzania, Thailand, the United Arab Emirates, and Yemen.
- China is a dialogue partner in the IORA.
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