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India

Radico resumes Gulf shipments as tensions ease

Indian liquor maker Radico Khaitan has resumed shipments to Gulf countries after pausing due to the Iran war. Easing tensions and peace hopes are allowing business operations to normalize.

Economic Times9 h ago
India Mumbai port container cargo shipping
Photo: Tom Fisk / Pexels

Radico Khaitan had halted shipments to Gulf countries when the war began due to rising shipping costs and increased insurance premiums. Shipping routes became risky, delaying operations. Now, optimistic news about US-Iran peace talks has allowed the company to re-enter the Gulf market. India's liquor exports are heavily dependent on the Middle East, with Gulf countries being a key market. Peace headlines have already started reducing shipping costs, and falling insurance premiums should help improve margins for Indian exporters. Radico's operational restart signals broader recovery in India's export sector, with other industries similarly preparing to resume Gulf operations. However, if peace talks stall, uncertainty could resurface.

GeopoliticsTradeIndiaEconomic Times
Source: Economic Times

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