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Rising Freight Costs And Time On India's Busiest Trade Routes
From toys to bulky furniture, container freight costs are hurting Indian industry.
29 Jun 2021, 12:34 PM IST
Ajay Aggarwal manufactures toys and games at his factory near New Delhi and exports them to the Middle East. It’s a high-volume, low-value export.From Delhi, Aggarwal first ships his products to the Mundra port in Gujarat, from where they make their way to Dubai in 20-foot containers. The cost of these shipments have risen by nearly 30% compared to times before the pandemic, to the point that shipping is now a tenth of his cost of pr...
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