New Delhi, April 8 -- The ongoing crisis in West Asia is emerging as a significant external shock for India, impacting the economy through disruptions in energy markets, trade flows, and logistics, according to a report by Dun & Bradstreet.
The report notes that uncertainties linked to the conflict are already affecting global supply chains, shipping routes, and financial conditions.
Indias trade exposure to the Gulf Levant region remains considerable, accounting for nearly 15 per cent of merchandise exports and about 21 per cent of imports. Key traded items include mineral fuels, precious metals, and electronics, making the country vulnerable to regional disruptions.
Sector-Specific Export Pressures
The report highlights that ...