India's engineering exports face significant strain from the West Asia conflict, with a recent ceasefire offering limited relief. Disruptions to sea routes and rising input costs, particularly for petrochemical derivatives and LPG, are eroding export volumes and impacting manufacturing processes. Industry stakeholders urge caution as the situation remains volatile.
Indian commerce ministry met with exporters to tackle West Asia crisis impacts on packaging, shipping, and port operations. Discussions addressed rising material costs, supply chain disruptions, and potential solutions.
Gadkari flagged the need for stronger post-harvest infrastructure, warning that surplus production without adequate cold storage, processing plants and value-addition facilities would depress farm prices.
India's chemical exporters are struggling despite a ceasefire. Supply chains remain disrupted, and costs are high. Shipping through the Gulf corridor is uncertain, affecting imports and exports.
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