Exporters and logistics providers are minimising disruptions caused by the ongoing West Asia crisis by closely monitoring carriers, planning shipments in advance, and exploring alternative routes.
The exporting community said that businesses are also adjusting inventory, contracts, and schedules for flexibility.
They added that support measures, such as sharing regular advisories, engaging with shipping lines to manage surcharges, ensuring vessel/container availability, allowing flexibility in compliance timelines, and maintaining dialogue between industry bodies and government authorities, will help the domestic industry deal with this crisis.
“Things are not improving, but we are trying to manage our exports. Shipping lines should not take undue advantage of this situation,” Federation of Indian Export Organisations (FIEO) President SC Ralhan said.
Ongoing geopolitical tensions in West Asia, especially around the Strait of Hormuz, are creating uncertainty for India’s exports, …​Exporters and logistics providers are minimising disruptions caused by the ongoing West Asia crisis by closely monitoring carriers, planning shipments in advance, and exploring alternative routes.
The exporting community said that businesses are also adjusting inventory, contracts, and schedules for flexibility.
They added that support measures, such as sharing regular advisories, engaging with shipping lines to manage surcharges, ensuring vessel/container availability, allowing flexibility in compliance timelines, and maintaining dialogue between industry bodies and government authorities, will help the domestic industry deal with this crisis.
“Things are not improving, but we are trying to manage our exports. Shipping lines should not take undue advantage of this situation,” Federation of Indian Export Organisations (FIEO) President SC Ralhan said.
Ongoing geopolitical tensions in West Asia, especially around the Strait of Hormuz, are creating uncertainty for India’s exports, … ​Latest News [ SOBAN NEWS: International and National ]
