Amid growing tensions and security concerns in the Red Sea region, India's export sector is bracing for a potential $30 billion hit.
The geopolitical uncertainties and heightened risks to key maritime trade routes have raised alarms within the trade community.
The implications extend beyond immediate economic losses, with potential disruptions in the supply chain and increased insurance costs. As the situation unfolds, businesses are closely monitoring developments, navigating challenges to maintain the flow of goods.
This threat underscores the interconnectedness of global trade and the need for strategic measures to safeguard economic interests amidst geopolitical uncertainties.
