Morbi Exporters Resume Gulf Shipments, but FY27 Outlook Still Points to a 40% Drop
Exporters in Morbi have begun tentatively resuming shipments to Gulf markets after disruption linked to the Strait of Hormuz, offering only partial relief to a ceramics cluster already under strain. With nearly 40% of units still shut, industry participants warn that exports in FY27 could shrink by as much as 40% unless freight stability and market access improve quickly.
