date:May 25, 2020
ght that became the larger reason for the drop in exports, said Kaushal Khakhar, CEO of Kay Bee Exports.
Airlines started increasing air freight rates beginning April. Our buyers in overseas market are not ready to pay for the higher cost we are incurring, leading to more than 50% drop in export volume, said Khakhar, adding that a fourth of his annual sales happens in April-May.
[ Rs100 = 1.20 ]