Introduction: A recent surge in attacks on cargo ships by the Houthi militia in the Red Sea has thrown the crucial Asia-Europe marine route into disarray, jeopardizing global trade recovery post-pandemic and amidst the Russia-Ukraine conflict.

Challenges in the Red Sea: The Houthi attacks have rendered the traditional Suez Canal route unsafe, forcing vessels to take a longer journey around Africa’s Cape of Good Hope. This not only escalates shipping costs but also extends delivery times, compounding challenges faced by global trade.

Significance of Red Sea Trade Route: The Red Sea, housing the Suez Canal, is a vital trade route, facilitating around 12% of global trade. Its strategic importance lies in bridging East and West, enabling efficient maritime trade between Europe, Africa, the Middle East, and Asia.

Impact on Indian Trade: The attacks have disrupted about 90% of Indian cargo, rerouting through the Cape of Good Hope. Industries, especially textiles and gems, face increased freight costs, longer cycles, and potential impacts on product prices.

Response and Measures: The Indian Navy has heightened maritime surveillance, and discussions are ongoing regarding India’s participation in the multinational ‘Operation Prosperity Guardian’ to safeguard sea lanes.

Conclusion: As global trade faces multifaceted challenges, securing the Red Sea trade route becomes imperative. India, along with the international community, must address these disruptions for sustained economic stability.