
š®š³ India GDP (Approx.): $4.3 Trillion
ā½ If crude oil remains significantly elevated for a prolonged period:
GDP Growth Impact: ā0.3% to ā1.0%
Estimated Economic Loss: $13 Billion ā $43 Billion
Higher Import Bill: Tens of billions of dollars in additional oil-import costs.
Most Affected Sectors: Transport, aviation, logistics, chemicals, and manufacturing.
