India is closely tracking the impact of West Asia tensions
on shipping and logistics, amid rising trade disruptions. Exporters report
higher freight rates, war-risk surcharges, container shortages, delays and port
congestion. The region remains critical, accounting for over US$ 10.6 billion,
or 20.5%, of India’s agricultural exports. At the same time, the government
highlighted strong domestic manufacturing support under PLI schemes, with Rs
2.16 lakh crore in investments and over Rs 15,500 crore in incentives disbursed
across sectors. While trade risks are rising, India continues to balance
external shocks with internal industrial growth and export resilience
strategies.
The region remains critical, accounting for over US$ 10.6 billion, or 20.5%, of India’s agricultural exports. At the same time, the government highlighted strong domestic manufacturing support under PLI schemes, with Rs 2.16 lakh crore in investments and over Rs 15,500 crore in incentives disbursed across sectors.
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