Gulf conflict threatens $11.8 billion Indian agri exports
after close1 source ↓written by the desknot a recommendation
- worth of Indian
- $11.8 billion
The ongoing Israel-US and Iran conflict is disrupting freight movement in the Middle East, putting $11.8 billion worth of Indian agri and food exports at risk. Key products like sheep and goat meat (98.9% exports to Gulf) and fresh beef (97.4%) face significant challenges due to shipping disruptions and rising insurance costs. This uncertainty could adversely impact farmers and food processors across India.
Not investment advice. For informational purposes only.