Indian Exporters Sitting On Large Orders Due To Russia-Ukraine War: Nitin Gadkari
NDTV
Owing to the ongoing Russia-Ukraine war, exporters are sitting on large orders as logistics costs have risen, union minister Nitin Gadkari said
Owing to the ongoing Russia-Ukraine war, Indian exporters are sitting on large orders as logistics costs have risen sharply, union minister Nitin Gadkari said on Saturday.
He said exporters are concerned over availability of containers and port-related issues.
"Because of these complications, the industry is not being able to take advantage of such large exporter orders,” the Road Transport Minister said while addressing an industry event.
Mr Gadkari said the country has to reduce its dependence on crude oil, which is the need of the hour for the industry and opt for alternative fuel like green hydrogen.
