Why India's Tiles and Marble Industry Isn't Worried About the Red Sea Crisis The Red Sea crisis has sent shockwaves through global supply chains, but one sector is bucking the trend: India's tiles and marble industry.
Despite rising freight costs and disruptions in shipping corridors, industry stakeholders are confident that domestic demand will keep growth momentum intact. At first glance, this optimism may seem misplaced.
The ongoing conflict in the Middle East has pushed up shipping costs, increased transit times, and raised marine insurance premiums.