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COVID-19 Restrictions

Indian exporters: Indian exporters boxed in by container crunch as rates rise to $7,000-10,000 in a fortnight

Indian exporters across products — from apparel and agricultural commodities to consumer electronics and furniture — are staring at a slump in exports due to a global shortage of containers, and a resultant jump in freight rates, prompting many to seek government intervention. A severe container shortage – triggered by massive congestions at…
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