Freight charges to the US and Europe have surged 3-4 times recently, forcing Indian exporters to pay over $9,000 per container compared to $3,000 earlier.

Indian exporters face delays due to congestion at Singapore and Colombo ports. A surge in China-US trade is reducing container availability globally. Freight rates have…

Freight charges to the US and Europe have surged 3-4 times recently, forcing Indian exporters to pay over $9,000 per container compared to $3,000 earlier.