India faces economic vulnerability as 95% of its trade relies on foreign ships, says Sanjeev Sanyal
Published on: March 7, 2026, 1:35 p.m. | Source: The Tribune
Sanyal explained that the vast majority of India's goods trade is handled by international shipping lines, leaving the nation's economy exposed to external pressures. He stated, '90 to 95 per cent of all our goods trade is carried by foreign ships. So, if you really want to get India into trouble, all you really need to do is to get three or four of the largest shipping lines to boycott India for some reason. And this would really cause serious... severe stress to the Indian economy.'
