How the Red Sea War will affect the Indian Economy? EXPLAINED IN 8 mins

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2023-12-30に共有
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VIDEO INTRODUCTION:

Hello everybody,

The red sea is officially at war!

On 19th of november, a ship named Galaxy Leader was hijacked by a group called the Houthis in the Red Sea. and While most people thought this was just yet another rebel attack, what followed next was so crazy that this incident is on the verge of putting the entire world economy on the edge of disruption again!! Because its not one or two attacks, there have been 37 attacks on commercial ships by the Houthis using drones! And now this war has come close to India!

Now just like any other geopolitical conflict, this conflict has Iran and Russia on one side and the US, Israel and UAE on the other side! And since the red sea has 2 critical choke points of world trade, it has already had a wide scale impact on both the world trade and Indian trade to Europe and US.
And again, if this conflict escalates, we all know what happens, oil price shoot up, inflation spikes, and economies all around world will suffer!

So in this episode today let’s dive deep in and understand,
Who are these Houthi rebels?
Why are they attacking the ships in the red sea?
Why is the red sea so important?
How is this conflict putting the world economy at the edge of disruption?
And most importantly, how is the business in India and the world being affected due to this war?

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✅Study Materials:


www.politico.eu/article/the-red-sea-crisis-explain…

www.rte.ie/news/business/2023/1222/1423375-red-sea…

www.usatoday.com/story/graphics/2023/12/22/us-wars…

www.livemint.com/economy/what-is-red-sea-crisis-wh…

www.bbc.com/news/world-middle-east-67614911

www.deccanherald.com/world/shipping-costs-delivery…

www.thehindubusinessline.com/economy/logistics/glo…

indianexpress.com/article/business/freight-rates-c…

www.livemint.com/industry/media/salaar-box-office-…

indianexpress.com/article/business/export-of-basma…

www.livemint.com/companies/news/houthi-red-sea-thr…

www.hindustantimes.com/cities/others/red-sea-crisi…

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#redseawar #indianships #redsea
#thinkschool #businesscasestudy #geopolitics

コメント (21)
  • @aziz7636
    While other channels are busy covering Bindra's scam, Thinkschool covered a larger picture which affects our entire export industry. Kudos
  • Best statement - "fortunately or unfortunately, nothing is impossible in this world" 🌎
  • I love how business and especially geopolitics are inextricably linked in the videos you people upload. It is an asset for students who pursue business and much to people who eye on geopolitics events of our country in the upcoming year 2024. Thanks a ton, thinkschool!!
  • After watching a series of videos and case studies from this channel I started to notice that every small thing happening around the world will directly or indirectly impact the economy of the countries which in turn will affect the lifes of the individuals.
  • Events like Red sea are huge opportunities for carrier companies to earn huge profits, also new routes gets discovered but a huge damage to marine life 😢
  • I don't know but when you mentioned that the militants are attacking all the ships except the one belonging to Russia, I could not help but link it to the recent visit of EAM Jaishankar to Russia and meeting the President in person!
  • made a summary of your vid hope u like it ;) 00:02 Red Sea War tensions may disrupt world and Indian economy 01:51 Houthi rebel group's actions in the Red Sea can lead to increased costs for Indian exporters 03:34 Houthis emerge as a group to fight against corruption in Yemen and are now being used by Iran to fight its enemies. 05:16 Houthi rebels control of Red Sea critical for world trade 07:01 The Red Sea blockage affects global trade and energy supply. 08:48 Increased shipping costs and traffic disruptions affecting Indian economy 10:22 Red Sea war disrupting shipping routes 11:59 Slowing demand from Europe will impact India's labor-intensive sectors
  • @shweta.p0993
    Actually, even trade from china was affected. U see, i work in a renewable energy sector company, based out of gujarat. We get our OEM done from China. The supply chain is such that it goes from Beijing to singapore, then dubai, then gujarat (mudra and icd khodiyar). This drone attack delayed our shipment for a week and the customs took another week. We had a loss of 20-30L per day. It was said that "security reasons" were at play. So u see, although the red sea is far away from our location of business, and our supply chain is from eastern region and not the west, our Indian security is actually pretty tight. We complied with them for obvious reasons, but still our shipments were delayed. Now imagine, if something big took place irrespective of a disastrous event near our business location, every business will be affected one way or the other!!! (And yes its sad we are getting business from china inspite of everything. Our government is slow to create our own products but i know why that is: 1. The manuf of items need an high investment for setting up factories at vast scale 2. We lack sophisticated manpower and technology. 3. We want to ace renewable market as a whole, so market research needs to be at "A game". Hopefully we will reach there one day!!) Thanks for the video!!!
  • @diganta171088
    Once again an amazing video! Love the clarity with which you put the facts together.
  • @tanvisharma22
    Coming from a shipping research field, I can say this video is very well put👏🏻
  • @kishank5437
    The Panama and Suez Canals, two artificial waterways spanning continents, are often mistaken as alternatives. While they both revolutionized maritime trade, their distinct characteristics and roles in global commerce reveal a fascinating story of interconnectedness, not redundancy.☮
  • INSTC (International North South Transport Corridor) between India to Iran to Russia could play a major role if Red Sea gets block for INDIA 🇮🇳
  • Really appreciate your hard work on this video as no one is talking about it👍
  • @Preparinggg
    Thanks for this hopefully you will upload more on geopolitics much requested....
  • I would recommend you to highlight impact not only on Indian businesses, but also on Indian government or foreign policy. There's can be potential diplomatic talks between India and Iran(given that they have a good amount of diplomatic relations. As far as I know, India has invested in Iran to built deep-water port in Chabahar to counter china-controlled Gwadar port in pakistan. So I think Iran would direct Houthi's to exempt India-originated or India-bound ships. which might bring a relief to indian businesses. Please correct me if I am wrong.
  • @marshad012
    Exceptional content as always and congratulations