The India-Middle East-Europe Economic Corridor (IMEC), formalised through a Memorandum of Understanding at the 2023 G20 New Delhi Summit, represents a transformative geo-economic initiative linking India to Europe via the UAE, Saudi Arabia, Jordan, Israel, and Greece. Integrating multimodal rail, road, and sea connectivity alongside energy and digital infrastructure, IMEC promises to reduce transit times by 40% and costs by 30% compared to the Suez Canal route. This paper analyses IMEC through the lens of geo-economics and geopolitics, examining its strategic opportunities for India including maritime ascendency, indigenous manufacturing, and regional security partnerships alongside significant challenges such as geopolitical instability, missing infrastructure links, and the protracted Israel-Hamas conflict. The paper further contextualises IMEC against China’s Belt and Road Initiative, Turkey’s opposition, and historical precedents like INSTC. It concludes that IMEC’s success hinges on swift implementation, diplomatic management, and India’s ability to leverage its strategic centrality in an era of intensifying great-power competition.