Indian exports may drop by $30 billion amid Houthi threat on Red Sea

Indian exports may drop by  billion amid Houthi threat on Red Sea

As the threats to cargo vessels on the Red Sea spikes after recent incidents, India can potentially see a drop in exports by around $30 billion, as exporters hold back on shipments due to rising fears. Indian Navy rescued a hijacked cargo ship from the Houthis (PTI)(PTI) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Last year’s export total …

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