FIEO: Exports Hold Strong Despite Geopolitical Risks

India's export sector remains "resilient and adaptive" at a time geopolitical tensions in the Middle East, including the ongoing Iran-Israel conflict, pose certain challenges to global trade dynamics, President of Federation of Indian Export Organisations (FIEO) SC Ralhan said.

- TDG NETWORK

"Our trade with both Iran and Israel, while important, constitutes a small share of our overall export-import basket. The government and industry are jointly monitoring developments to ensure minimal disruption," the exporters' body chief said.

FIEO said it anticipates some short-term impact on demand and logistics, particularly in the Gulf region, which serves as a crucial hub for Indian exports.

"Increased shipping costs, longer transit times, and rising marine insurance premiums may add pressure, especially in price-sensitive sectors," he added.