Mounting costs turn the heat on India Inc amid West Asia conflict

More than 80 days into the West Asia conflict, costs are beginning to climb for India Inc.

From manufacturers and pharmaceutical firms to consumer goods and real estate players, India Inc is grappling with higher freight and input costs, shipment delays, supply-chain uncertainty, and early signs of demand softening. Rating agency Crisil has warned that the prolonged conflict could shave nearly 200 basis points off India Inc’s operating profitability this financial year. But companies are already diversifying sourcing, raising prices, and reworking operating models as.