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The Economic Times
The Economic Times

Peace in West Asia expected to boost order book of Indian exporters: Industry body FIEO

New Delhi: Restoration of peace in the West Asian region is expected to revive the order books of Indian exporters and reduce input costs, as the US-Iran war has severely disrupted the movement of consignments, exporters' body FIEO said on Thursday.

The Federation of Indian Export Organisations (FIEO) said that the conflict in West Asia suppressed India's trade volume, with exports to the Middle East suffering a sharp decline during the peak of the disruptions.

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