The new Delhi, the ongoing conflict between Iran and Israel may have a short -term impact on demand and logistics, especially in the Gulf, which serves as a key center for Indian exports, the Federation of Indian export organizations said on Monday.
FIEO said that the conflict can also lead to increased transport costs, a longer transit period and an increase in maritime insurance premiums.
Israel and Iran have greatly escaped the conflict of Israel in recent weeks, with both sides to exchange heavy strikes and the US directly involved in hostility.
“We assume some short -term impact on demand and logistics, especially in the Gulf, which serves as a key center for Indian exports. Increased transport costs, longer transit times and rising maritime insurance can bring pressure, especially in the price sensitive sectors.”
He said that the volatility of the price of oil can affect inflation and logistics costs.
However, the Indian diversified public procurement strategy and a proactive attitude of the reserve bank help maintain liquidity and macroeconomic stability, Ralhan added.
“Overall, although there are temporary headwinds, we see it as an opportunity for Indian exporters to explore alternative routes, strengthen regional partnerships and consolidate the role of India as a reliable business partner in uncertain times,” he said.
While geopolitical tensions in the Middle East, including ongoing conflict, represent certain challenges for global trade dynamics, the Indian export sector remains resistant and adaptive.
“Our trade in Iran and Israel, although important, represents a small proportion of our total export imports. Government and industry together monitor developments to ensure minimal disruption,” the president said.
This article was generated from an automated news agency without text modifications.
(Tagstotranslate) Iran
