GTRI warns of India's export vulnerabilities due to rising freight costs, container shortages, and foreign shipping reliance.

The Global Trade Research Initiative (GTRI) highlights threats to India's export sector, including rising freight costs, container shortages, and reliance on foreign shipping. GTRI calls for strategies to enhance domestic container production and local shipping capabilities, reducing dependence on foreign carriers and major shipping hubs. Currently, India produces only 10,000 to 30,000 containers annually, leaving it vulnerable to supply chain disruptions, particularly from China.

September 15, 2024
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