Iran-US Conflict Cripples Gujarat Chemical Industry: Gas Prices Soar, Factories Shut

• Gujarat's chemical industry, India's hub, heavily relies on natural gas for its thousands of factories.
• Iran-US conflict disrupted gas supply from Gulf countries, causing natural gas prices to surge significantly.
• Adani Total Gas now charges ₹119/SCM for gas consumption beyond 40% of the old price quota (₹57/SCM).
• Many factories reduced production; 15% have already shut down, with more closures feared if the situation persists.
• Rising raw material costs (10-40%) and potential job losses for thousands of contract workers are major concerns.