Indian exporters are increasingly anxious about the intensifying conflict in West Asia, which now directly involves three countries — Israel, Lebanon, and Iran. The potential for further escalation raises fears of rising shipping costs, disruptions to supply chains, and increased oil prices.
Compounding these challenges is a workers’ strike in East and Gulf Coast ports of the US, India’s largest trading partner and biggest export destination.
Ajay Sahai, director-general and chief executive officer of the Federation of Indian Export Organisations (FIEO), noted that while an immediate impact of the latest flare-up in West Asia has yet to be
