Indian handicraft industry suffers major blow as escalating Middle East tensions halt exports
Updated:5 months ago
Indian handicraft industry is severely hit by escalating tensions in the Middle East with the conflict creating uncertainty in market. Export orders from Western markets have been put on hold leaving many handicraft businesses struggling. Exporters in Sambhal worry about the continuation of the war with pending payments causing financial stress. Business owners say the conflict is causing major losses and has created a deeply concerning situation for the handicraft industry.
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