Currently, 25% of India’s outbound shipments are held back. By Girish Linganna Mounting stress in the Red Sea the direct trade route for ships travelling from Asia to Europe has hit India’s exports of marine products and also high-quality rice to buyers in the United States, Middle East and Europe as prices have skyrocketed. This very serious
Exports of India’s premium basmati rice dropped by up to half this month from a year ago as freight rates doubled following a series of attacks on ships in the Red Sea.
How Red Sea attacks could raise export prices of Indian basmati rice firstpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstpost.com Daily Mail and Mail on Sunday newspapers.
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