Geopolitics is about the politics of space which includes its various characteristic e.g. location, size, natural resources, trade routes (both land and sea), economy and of course environmental conditions.  In all classic theories of geopolitics, world has been divided into Heartland, Rimland and World Island and many areas have been identified and discussed as more important than others for various reasons. But, the Arctic has been totally ignored in all its geopolitical dimensions as we do not find any geopolitical mention of its size, location, trade route and resources etc.

Shipping news from the Northern Sea Route (NSR) for 2014 is not very encouraging on two counts. First, after a positive trend in the number of ships sailing through the NSR (4 vessels in 2010; 34 vessels in 2011; 46 vessels in 2012; and 71 vessels in 2013), the transits have reduced in 2014. According to the Russian NSR Information Office, only 31 vessels transited between Zhelania and Dezhnev along the NSR.

Russia has offered India to participate in the development and production of oil fields in the Arctic and Eastern Siberia. Indian companies are also encouraged to participate in Russian gas projects, including in the field "Sakhalin-1".