Increase in freight charges of exporters of Moradabad
– Photo: Social Media
Expansion
The attack by Houthi rebels on a cargo ship in the Red Sea has increased the financial burden on exporters. Exporters have requested the Prime Minister for cooperation. Told that now the freight freight for carrying goods through alternative route has been increased by 75 percent. Handicrafts Exporters Association General Secretary Awadhesh Aggarwal wrote a letter to the Prime Minister informing him that exporters are already facing the brunt of the recession.
In this series, Houthi rebels attacked a cargo ship passing through the Red Sea with a drone. Exporters from Moradabad export goods to Europe and Middle East countries. At present, the freight fare for carrying goods through alternative route has been increased by about 75 percent.
Due to this, exporters have become worried. Exporters have requested Prime Minister Narendra Modi to solve this problem, but so that the freight pressure can be reduced. Told that earlier exports were affected due to the war between Russia and Ukraine. After this, due to the war between Israel and Hamas, there is recession in the countries of the world.
Orders are also not being received at this time. Orders of many exporters have been cancelled. If the central government does not consider freight charges, the business of exporters will be ruined. More export business from Moradabad goes to the Middle East and Europe.
