Iran-US tensions and Houthi attacks in the Red Sea are adding risks around the Strait of Hormuz and Bab el-Mandeb for Indian businesses.
Experts warn longer routes could lift freight costs, war-risk premiums and transit times while tightening vessel capacity.
Readymade garment exporters to Europe may see pressure on prices, margins, delivery commitments and supply-chain certainty.Iran-US tensions and Houthi attacks in the Red Sea are adding risks around the Strait of Hormuz and Bab el-Mandeb for Indian businesses.
Experts warn longer routes could lift freight costs, war-risk premiums and transit times while tightening vessel capacity.
Readymade garment exporters to Europe may see pressure on prices, margins, delivery commitments and supply-chain certainty.
