By:- Rishabh Jain, Director- International Business, Petros Stone LLP
“The recent fuel price hike of over ₹3 per litre is significantly increasing both domestic logistics and international freight costs at a time when exporters are already dealing with high ocean freight rates and volatility in the West Asia corridor. While the weaker rupee offers some temporary relief on export realisations, it only partially offsets the rising cost pressures. What we are seeing across the industry is not strategic agility, but survival-driven adaptation. Many manufacturers are slowing production, liquidating inventory, and fulfilling orders through existing stock to manage working capital. At the same time, less competitive players are struggling to sustain operations, leading to a gradual consolidation within the sector.”