India’s West Asia trade artery under strain with up to $4 billion in monthly exports at risk
The Gulf war is beginning to disrupt key maritime routes used for India’s exports, putting up to $4 billion of monthly shipments at risk if the situation continues for a month, according to the Federation of Indian Export Organisations (FIEO). Exporters are trying to reroute cargo and explore alternative markets as shipping and air logistics face delays and rising costs.