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News18
30-04-2025
- Business
- News18
Pahalgam Terror Attack: Dry Fruits To Get Costlier As Attari-Wagah Border Closes?
Last Updated: While current shipments are in transit and prices remain stable for now, the situation could change after 10 days, says Rajiv Batra, president of Delhi's Khari Baoli traders' body. With the closure of the the Attari-Wagah border amid rising tensions between India and Pakistan following the Pahalgam Terror Attack, dry fruit imports from Afghanistan are likely to be hit, triggering a potential spike in prices across India, according to The Times of India report. Afghanistan is a major supplier of dry fruits like almonds, raisins, and pistachios to India. Trade data shows that in April-January of FY2024-25, India imported $358 million worth of goods from Afghanistan, of which dry fruits formed a significant portion. According to Rajiv Batra, president of Delhi's Khari Baoli traders' association, as reported by TOI, while current shipments are in transit and prices remain stable for now, the situation could change after 10 days. He warns prices in the national capital may rise by up to 20 per cent once stocks deplete. With trade through Pakistan suspended — including third-party shipments via Pakistan — India is exploring alternative supply routes through the UAE, Iran, and Iraq, which are expected to partially replace the Afghan supply, said Batra, according to TOI. The trigger for the trade suspension was a deadly terror attack in Pahalgam that killed 26 people, prompting India to take a number of steps against Pakistan, including halting cargo movement through the Attari border.
Time of India
28-04-2025
- Business
- Time of India
Badam-Kishmish to be expensive after Attari-Wagah closure?
Dry fruits like almonds, raisins, pistachios and others, are an intricate part of Indian culture, be it sweets, snacks or even oils. Most of these delicacies travel all the way from Kabul to New Delhi. However, these imports are at a major risk after the closing of Attari-Wagah border due to growing tensions between India and Pakistan. Exporters have warned that this could lead to a surge in domestic prices for these commodities Afghanistan has long been a key exporter of dry fruits to India, alongside Pakistan. According to data, India's imports of dry fruits from Afghanistan in the 2024-25 period (April-January) amounted to $ 358 million, while its exports to Afghanistan during the same period were valued at $ 264.15 million. Prices of dry-fruits to spike? "Though immediate there is no impact as goods are in transit, but after ten days the imports will be stopped completely." said Rajiv Batra, president of the Khari Baoli traders' association in Delhi. "After that the prices would go up to 20 per cent in the national capital." Alternative routes Batra also noted that while imports from Afghanistan will be severely curtailed, alternative routes through countries like the UAE, Iran, and Iraq are expected to partially replace the Afghan supply. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like My Stepdad Demands I Pay Him Rent On My 18th Birthday. He Doesn't Know I Own The House So I Did This Beach Raider Undo The land border closure, combined with Pakistan's trade suspension, is creating major uncertainty for both the domestic market and the dry fruit supply chain. With imports likely to decline, Indian consumers can expect price hikes on these essential commodities in the near future. The attack, which took place in Pahalgam and resulted in the deaths of 26 people, mostly tourists, prompted India to take immediate action, including halting trade through the Attari land border. This border, located near Amritsar in Punjab, is a key route for the movement of certain goods, including dry fruits from Afghanistan. In retaliation, Pakistan suspended all trade with India, including trade to and from third countries via Pakistan. As a result, this disruption is expected to affect both exports and imports to and from Afghanistan, a major supplier of dry fruits to India. Stay informed with the latest business news, updates on bank holidays and public holidays . Master Value & Valuation with ET! Learn to invest smartly & decode financials. Limited seats at 33% off – Enroll now!
