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Home > All news > Export Import, Logistics > Indian exporters fear costlier logistics, demand slump for basmati exports if West Asian conflict spreads

Indian exporters fear costlier logistics, demand slump for basmati exports if West Asian conflict spreads

October 9, 2024
Reading Time: 2 minutes
Indian exporters fear costlier logistics, demand slump for basmati exports if West Asian conflict spreads

New Delhi - As hostilities between Israel and Lebanon intensify, Indian exporters are increasingly concerned that the ongoing conflict may extend to other parts of the Middle East. Iran’s recent aerial attacks on Israel have added to the unease. While many exporters are adopting a “wait and watch” stance, they fear a decline in demand and rising logistical challenges should the conflict escalate further.

Dr. Ajay Sahai, Director General of the Federation of Indian Exporters Organization (FIEO), warns that any further escalation could cause setbacks in logistics. Freight charges had only recently begun . . .

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