Sky-high shipping costs squeeze Gujarat trade margins amid Gulf unrest

Gujarat's exporters are facing a severe crisis due to a dramatic surge in logistics costs and trade uncertainties with West Asia. Freight charges have skyrocketed, and disruptions to traditional shipping routes have increased transit times and expenses. This is impacting various sectors, eroding margins and affecting shipment viability.

By PARAG DAVE, NIYATI PARIKH, NIMESH KHAKHARIYA