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Firozabad Bangle Market Faces Losses Due to Iran-Israel Conflict
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Iran-Israel War: Firozabad Bangle Industry Faces Collapse, Crores in Orders Canceled
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News18
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13-03-2026, 16:04
Iran-Israel War: Firozabad Bangle Industry Faces Collapse, Crores in Orders Canceled
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Firozabad's glass bangle industry hit hard by Iran-Israel war, facing crores in losses.
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Rising gas prices increase production costs, making bangles expensive and impacting quality.
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Sales plummet during wedding season and Eid; orders worth crores canceled by traders.
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Mohit Bansal, a Firozabad trader, highlights the market's struggle and fear of factory closures.
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Industry hopes for government intervention to stabilize gas prices and revive the market.
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