ReferIndia News India Inc Pulls Back a Bit from Gulf as Cracks Widen across Operations

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India Inc Pulls Back a Bit from Gulf as Cracks Widen across Operations

Published on: April 14, 2026, 3:34 a.m. | Source: The Economic Times

Indian consumer companies with significant presence in West Asia are scaling back operations amid steep losses, with some seeing up to 40% decline in business and almost a fivefold surge in container costs since the start of the US-Israel-Iran war.

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