Crisis looms not only on oil, but also on condoms and beer! The burden on your pocket will increase, these everyday things will have a direct impact

Iran-USA Conflict Impact on India: The impact of the conflict between Iran and America is now clearly visible in the markets, factories and homes of India. This is not just a war, but a deep shock to the supply chain, which is affecting everyday life. The disruption in the supply of oil and gas has created a crisis in many industries – at some places there is a shortage of asphalt for building roads, at some places essential items like beer cans and condoms are disappearing, at some places even the packaging industry has been affected. Let us know which sectors are being affected by the war.

Construction and Real Estate

Rising prices of LNG and fuel have increased the cost of production of cement, steel and tiles. Ceramic units have slowed down in industrial hubs like Morbi in Gujarat. This increased the cost of the project and many construction works are getting delayed.

Condom and chemical industry

The condom industry worth approximately ₹7,000–8,000 crore has been impacted. Disruptions in the petrochemical supply chain have led to shortages of raw materials such as silicone oil and ammonia, reducing production and threatening to drive up prices.

Condom Industry (Image -Social Media)

Glass and Packaging

Many furnaces in glass hubs like Firozabad are closed or running at reduced capacity. The prices of bottles have increased by almost 20%, while packaging materials, labels and tape have become expensive. The supply of beer, medicines and perfumes is also being affected due to shortage of shipping and aluminium.

Steel, Metal and Auto Sector

Shortage of LPG and other fuels has put many small and medium plants under pressure. Prices of aluminum and other metals have risen, increasing the cost of automobiles and infrastructure.

Auto Sector (Image- Social Media)

Plastic and FMCG Industry

The cost of industries dependent on oil products like naphtha has increased. Plastic packaging, shampoo, packaged food and everyday items have started becoming expensive.

Farming and Agriculture

The supply of seeds and fertilizers depends on packaging and logistics. Due to shortage in this area, the material is not reaching the farmers on time, which may affect the yield and crop cycle.

Shipping and Trade

Increasing tensions over oil and trade routes passing through the Strait of Hormuz have increased risks and insurance costs for shipping companies. Export-import has been affected and shipping rates have also increased.

Shipping Trade (Image- Social Media)

MSME and small scale industries

Small and medium industries are affected by increased prices of raw materials, electricity and gas costs and declining orders. Many units are forced to reduce production or close temporarily, which has affected employment.

Food, Restaurant and Aviation

The increased prices of LPG and fuel have made restaurant and kitchen operations expensive. ATF, the main expense of airlines, has increased, due to which tickets and flights are being affected.

petrol-diesel

Due to increased price of crude oil and disruption in supply, fuel became expensive in the world including India. The government tried to reduce the impact on the common man by reducing excise duty.

Increase in price of crude oil and disruption in supply

Also read- Modi government’s big decision amid war in West Asia, these essential goods become tax free till June 30

Remittance and employment

Projects of Indians working in Gulf countries have been affected, due to which the pressure on employment and remittances has increased. The impact of the Iran-US conflict is visible in every part of India’s economy. This is not just an energy crisis, but a chain reaction that has reached from the industry to the common man. If this tension continues for a long time, the risk of both inflation and economic slowdown may increase further.