Morbi Exporters Resume Gulf Shipments, But FY27 Outlook Still Points to a 40% Slide
Morbiโs ceramic exporters have begun cautiously resuming shipments to Gulf markets after a disruption linked to the Strait of Hormuz, offering only partial relief to a cluster already under severe strain. Industry executives say nearly 40% of units remain shut, and even with trade routes reopening, FY27 exports could still shrink by as much as 40% if demand and logistics do not normalize quickly.
