Foreign importers are seeking updates from their Indian suppliers on the elevated geopolitical tensions with Pakistan amid slow cargo movement in certain ports, while some banks are taking longer to check documents related to shipments bound for Turkiye, exporters said, though ruling out any major concern in trade. “There were alerts for ports such as Chennai due to which cargo movement slowed a bit but there were no major issues,” said Rafeeque Ahmed, chairman of Farida Group, one of India’s largest shoe manufacturers and exporters. Exporters said American clients are worried because Chinese goods are not going there due to higher tariffs and they had pegged their hopes on Indian exports. The US government had raised tariffs on Chinese goods to a combined 145%, making imports from India more attractive.
