India’s exports face a nearly $5 billion shortfall, and Red Sea attacks pose new threats to basmati rice shipments.

basmati rice shipments

India’s exports face a nearly $5 billion shortfall, and Red Sea attacks pose new threats to basmati rice shipments. India, one of the world’s leading exporters, is currently facing a significant shortfall in its export earnings, amounting to nearly $5 billion. This unexpected decline in export revenues has raised concerns about the country’s economic stability and its ability to sustain its global trade relationships. The government may consider an alternate …

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