Amid the rising tensions in West Asia, senior transport leader Bal Malkit Singh has cautioned that the ongoing geopolitical developments could adversely impact India’s economy, particularly the road transport and Micro, Small and Medium Enterprises (MSME) sectors, and urged the Centre to take proactive measures.

Singh flagged the risk of a potential “energy war” that could disrupt supplies of crude oil, gas and related products, noting that early signs of strain are already visible across industries. He said rising input costs, reduced production and operational challenges are beginning to affect factories, small businesses and trading establishments.