Yemeni Houthis have escalated attacks on commercial ships in the Red Sea following retaliation by the United States and United Kingdom on recent attacks by the Iran-backed rebels. This is not only impacting companies in the West but also Indian shipping companies. The attacks have forced companies to take the longer and safer route through southern Africa, increasing shipping time. The Red Sea is a significant shipping route for India, and the disruptions are leading to increased shipping costs and a potential drop of $30 billion in exports. The government is strategizing measures to mitigate the trade impact.