News Desk, AnyTV, Varanasi
Published by: Utpal Kant
Updated Fri, 25 Feb 2022 12:24 AM IST
Summary
February and March are the prime time for export orders. Junaid Khan, former president of Purvanchal Export Association, said that orders worth about 200 crores can be canceled. This war will affect many countries.
With the creation of a war situation between Russia and Ukraine, the industries of Purvanchal have suffered a setback of Rs 200 crore. Due to the tension situation, orders were stalled for more than 15 days and with the declaration of war, orders have started getting canceled.
In such a situation, the carpets, wall hangings, rugs, Banarasi sarees, handicrafts, pink enamel, wooden toys etc. are sent to other countries including America, Russia. Rajiv Agarwal, former president of Purvanchal Export Association, says that with the beginning of the war, the effect on the dollar and oil prices has started showing.
Most of the export orders have been put on hold and more than 25 per cent of the orders are likely to be cancelled. February and March are the prime time for export orders. Junaid Khan, former president of Purvanchal Export Association, said that orders worth about 200 crores can be canceled. This war will affect many countries.
Expansion
With the creation of a war situation between Russia and Ukraine, the industries of Purvanchal have suffered a setback of Rs 200 crore. Due to the tension situation, orders were stalled for more than 15 days and with the declaration of war, orders have started getting canceled.
In such a situation, the carpets, wall hangings, rugs, Banarasi sarees, handicrafts, pink enamel, wooden toys etc. are sent to other countries including America, Russia. Rajiv Agarwal, former president of Purvanchal Export Association, says that with the beginning of the war, the effect on the dollar and oil prices has started showing.
Most of the export orders have been put on hold and more than 25 per cent of the orders are likely to be cancelled. February and March are the prime time for export orders. Junaid Khan, former president of Purvanchal Export Association, said that orders worth about 200 crores can be canceled. This war will affect many countries.