Iran-Israel Conflict Disrupts India's Banana Exports, Affecting Farmers and Trade
8 hours agoBusiness
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2 SourcesBarwani, India
TBNthebalanced.news

Iran-Israel Conflict Disrupts India's Banana Exports, Affecting Farmers and Trade

The Iran-Israel conflict and the closure of the Strait of Hormuz have disrupted India's banana exports, especially to Gulf countries, causing significant challenges for farmers and exporters. Maharashtra and Madhya Pradesh, major banana-producing states, face falling domestic prices due to surplus supply as shipments are delayed or stranded. Exporters report thousands of containers stuck in transit, impacting a trade worth hundreds of crores and leading to financial losses for growers reliant on international markets during Ramadan.

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