India might face a $4 to $5 billion drop in exports due to restrictions on wheat, rice, and sugar trade, aiming to control local prices. Attacks in the Red Sea might affect basmati rice shipments. To cope, India could use an African route, but ongoing attacks might raise rice prices by 15% to 20%
India Trade Restrictions: India might face a $4 to $5 billion drop in exports due to restrictions on wheat, rice, and sugar trade, aiming to control local prices. Attacks in the Red Sea might affect basmati rice shipments. To cope, India could use an African route, but ongoing attacks might raise rice prices by 15% to 20%
India s decision to impose restrictions on the import of computers and tablets now appears to be more like bureaucratic desperation than a solid industrial policy. Businesses will require an import license to bring items like laptops into the country. The governments attempt to push back the implementation only adds to the sense that New Delhi is making things up as it goes along.