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The Economic Times

Global Business / The Economic Times

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West Asia conflict hits Surat textile sector, shipping costs surge 400%

The ongoing conflict in West Asia is severely affecting Surat's textile industry. Shipping costs have surged by 400 percent. Payments are delayed as materials remain stuck on ships. Raw material prices are also climbing. This situation threatens both international and domestic supply chains. Industry leaders anticipate a significant revenue crisis. The disruption impacts trade routes to Africa as well.

3 Mar 2026 11:56 pm