Hormuz, Red Sea disruptions may impact profitability of Indian exporters and importers: Report
Mumbai, July 29 (IANS) Prolonged West Asia instability and dual chokepoint disruptions at the Strait of Hormuz and Red Sea could raise marine insurance premiums, freight costs, and transit times, impacting the profitability of Indian exporters and importers, particularly small and mid-sized firms with limited pricing power, a new report showed on Wednesday.