US–Iran tensions fan energy costs, leave tile makers walking a tightrope

“Currently, the UAE accounts for 7.6% of India’s ceramic tile exports, the highest share for any single country. We believe a similar opportunity could emerge following FTAs ​​signed with the UK, Oman, and the European Union, which currently account for 4.9%, 1.8%, and 12.3%, respectively, of India’s ceramic tile exports,” the brokerage report said.

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