Commerce Ministry Plans Exporter Aid Amid West Asia Crisis

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India Rushes Aid for Exporters Hit by West Asia Crisis; Measures Expected Soon

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News18•16-03-2026, 17:30

India Rushes Aid for Exporters Hit by West Asia Crisis; Measures Expected Soon

•Commerce Ministry to announce support measures for exporters affected by the West Asia crisis.
•Commerce Secretary Rajesh Agrawal expects a detailed briefing on these steps within this week.
•Crisis, stemming from US-Israel attack on Iran, disrupted shipping, hiked oil prices, freight, and insurance premiums.
•India's USD 58.8 billion exports to West Asia in 2024-25, especially dry fruits and vegetables, are impacted.
•Customs department already issued norms for cargo returning due to Strait of Hormuz closure and maritime disruptions.

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The government has set up an inter-ministerial group under the Directorate General of Foreign Trade (DGFT) to monitor the situation closely and address exporters’ concerns.

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