Hyd: Taliban’s Afghanistan takeover hits dry fruit biz
Hyd: Taliban’s Afghanistan takeover hits dry fruit biz
The ripples of the Taliban takeover in Afghanistan are being felt in the city’s Begum Bazar — believed to be Asia’s second-largest grain market. Driven by dry fruits supplies from Afghanistan, the market is left bleeding with the political turmoil putting a stop on shipments. Result: A steep 40% to 50% escalation in cost of these products. In some cases, the prices have even doubled.
The ripples of the Taliban takeover in Afghanistan are being felt in the city’s Begum Bazar — believed to be Asia’s second-largest grain market. Driven by dry fruits supplies from Afghanistan, the market is left bleeding with the political turmoil putting a stop on shipments. Result: A steep 40% to 50% escalation in cost of these products. In some cases, the prices have even doubled.